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A weak currency isn't rebalancing the British economy – it's strangling it

Interest rates close to zero, another £50bn of Sterling spewing from the presses, negative growth, public spending up by 8pc a year and tax receipts down 7pc – not the death throes of the Weimar Republic, but the state of the contemporary British economy. The announcement yesterday that Quantitative Easing would be expanded to £375bn is good news [...]
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Bill Gross wonders which breed of dog he would be

Business & Finance : Business Insider: Clusterstock (4 hours ago)

Janus bond portfolio manager Bill Gross has published his new monthly investment outlook. In it, he spends a lot of time pondering dogs, and eventually gets to discussing negative interest rates. Here are some things to learn from G... Read Post

Sterling hits 8-month trade-weighted high

Business & Finance : Business Report (last year)

Sterling rose to an eight-month high against a basket of currencies. ||| London - Sterling rose to an eight-month high against a basket of currencies on Friday on the view that a strengthening British economy will mean interest rate... Read Post

Janus' Bill Gross warns on dangers of low interest rates

Business & Finance : Business Insider: Money Game (3 hours ago)

NEW YORK (Reuters) - Closely watched bond investor Bill Gross criticized ultra-low interest rates on Monday, saying they could harm global growth instead of boosting it in the way that many central banks intend. "Low interest rates ... Read Post

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