Thursday, November 5, 2009
Blanchflower admits economy in danger of Â´falling off a cliffÂ´
"For some reason the rest â€“ the "feeble six", as I have called them â€“ voted to not follow their remit. In the next two meetings the MPC voted unanimously to do nothing. As a result, the pound has fallen and the yield curve has dropped a little a year or two out.