Friday, March 28, 2008

Sterling hits another low against the Euro

Euro hits record high against the pound

Not mentioned at all by the BBC, the Times article again has the emphasis wrong, talking about 'house price data' and 'consumer confidence' rather than the real issue being that the BoE is not following the same line as the ECB in tackling inflation.

Posted by fed up @ 06:12 PM (554 views)
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One thought on “Sterling hits another low against the Euro

  • spot on fed up. BoE Mandate – fight inflation. ECB mandate – fight inflation. One of them is doing its job -wonder which, oh yes the one not devaluing its currency to help a corrupt government (hiding the truth from the general public through media manipulation) reduce its debt and help the very financial institutions who caused this debacle in the first place. That would be the one representing the best interests of the British people.

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