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RSS FeedsBank of England policymaker: We probably won`t forecast the next crisis - as it happened
(The Guardian Greece)

 
 

21 february 2017 19:22:08

 
Bank of England policymaker: We probably won`t forecast the next crisis - as it happened
(The Guardian Greece)
 


The Treasury committee have questioned Bank of England governor Mark Carney, chief economist Andy Haldane, and policymakers Gertjan Vlieghe and Ian McCaffertyLatest: Carney explains how the world has changedMPC member: Our models can´t be infallible BoE´s chief economist defends `Michael Fish´ commentsEarlier:French bonds under more pressureEurozone growth at near six-year high 6.05pm GMT Better than expected eurozone growth figures and a strong start on Wall Street with yet more new peaks have combined to push European markets higher, despite continuing political worries ahead of the French presidential election.But badly received results from HSBC have left the FTSE 100 lagging its peers. The final scores showed: 5.50pm GMT Over in Greece workers with the communist-aligned labour group, PAME have taken to the streets to protest the prospect of yet more austerity measures, our correspondent Helena Smith reports:Thousands of protestors are marching en masse towards parliament in Syntagma square chanting: `we are not going to be spectators of our own wretchedness.` The demonstration is one of 40 taking place across Greece in protest over the government´s decision to agree to further talks with creditors in return for up front legislation of more unpopular cost-cutting measures.Addressing the crowd, the communist KKE party leader Dimitris Koutsoumbas said: `While the government is writing, directing and playing in this new episode of deceit against the Greek people that has been played a thousand times before, we are here, in the struggle with the working class and the rest of the peoples´ movement, loudly shouting `it cannot go on! 5.13pm GMT With far-right French presidential candidate Marine Le Pen gaining ground according to opinion polls, the euro has come under further pressure. Jasper Lawler, senior market analyst at London Capital Group, said:In a sign of relative weakness, the euro fell against most major currencies despite the upbeat data [showing eurozo ...


 
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