Hints and tips:
...Ross Walker: Maybe....
...Ross Walker, chief UK economist at NatWest Markets: No....
...Subsequent commentary from the European Commission gives us further confidence that the Fund will be launched as (broadly) proposed....
...Ross Walker: Worse....
...Liikanen remains a probable alternative and would also be a good leader for the ECB for many of the same reasons as V. de Galhau....
...Businesses invest when they see a market opportunity....
...I am not thrilled about that, because I fear we may start to price ourselves out of the market again — but that won’t be 2015’s problem. It will hit in 2017/18....
...Ross Walker, RBS: What should the Bank do? Abandon it at the first opportunity. Thus far, ‘explicit’ forward guidance has added little value (even in the most basic ‘presentational’ terms)....
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