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View Full Version : Pound Falls as Posen's Comments Bolster Low U.K. Interest-Rate Forecasts - Bloomberg



NewsWhore
06-28-2011, 03:20 AM
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Pound Falls as Posen&#39;s Comments Bolster Low U.K. Interest-Rate Forecasts (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGe3qTZGl_vgIHkns7xPu4JApLQrw&url=http://www.bloomberg.com/news/2011-06-28/pound-falls-as-posen-s-comments-bolster-low-u-k-interest-rate-forecasts.html)
Bloomberg
The British currency fell versus all but one of 16 major currencies tracked by Bloomberg. Policy makerAdam Posen yesterday dismissed the Bank of International Settlements&#39; call that central banks need to start raising rates to control inflation as ...

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