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"Engendering a false sense of security..."

Quote
Richard Jeffrey
Cazenove Capital Management, August 2013

"What is more, as we travel towards the end of the year, inflation will fall back, and stronger economic growth will show through in better numbers for government finances. Clearly, Mr Carney should be brought to the attention of the Vatican. Meanwhile, spare a thought for the out-going governor; Baron King of Lothbury. He appears to have packed his briefcase for the last time, and taken all the bad news with him. That’s life.