TITLE

Pimco: Incoming BoE governor Mark Carney will look to devalue pound

AUTHOR(S)
Brennan, Henry
PUB. DATE
May 2013
SOURCE
Money Marketing (Online Edition);5/30/2013, p11
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article presents a study of Pacific Investment Management Co. (PIMCO) on possible business strategies of Mark Carney, the incoming governor of Bank of England (BoE) in Great Britain. According to PIMCO, Carney is expected to devalue sterling by 15 percent. He may also engage in conducting more quantitative easing.
ACCESSION #
88066867

 

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