Bank of England's Chief Economist Warns That Dollar has Further to Fall
The Herald › November 26, 2004
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Summary
CHARLIE Bean, chief economist at the Bank of England, last night warned of the possibility of further "substantial" falls in the dollar's value relative to the pound.
In a speech in Colchester which appeared to veer to the dovish side, Bean also highlighted the recent cooling of the UK housing market and asked if there was "a danger of a sharper slowdown in spending growth" than that which the Bank is projecting.See the full content of this document
Extract
Bank of England's Chief Economist Warns That Dollar has Further to Fall
Bean was speaking at the end of a day in which the dollar was once again trounced on the foreign exchanges.
Figures yesterday from the British B...See the full content of this document
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