Investor Sentiment Hit By IFO Figures and Various Comments
February 23, 2010
Harvard Professor Rogoff, former chief IMF economist, is predicting likely sovereign debt defaults in coming years, plus spending cuts and weak growth in the United States. Testimony by four Bank of England officials, including Governor King, were quite guarded. Additional quantitative easing may be needed. Economist Roger Bootle, a former British Treasury advisor, warned of [...]
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