Wednesday, April 13, 2011

Man states obvious

Artemis' Foster: Mervyn King 'losing the plot'

Artemis' fixed income star James Foster says the governor of the Bank of England needs to raise rates now to prevent inflation becoming embedded in the system. Foster, who runs the £516m Artemis Strategic Bond fund, says the MPC needs to act now by raising rates before people begin to clamour for higher wages, leading to an inflationary spiral.

Posted by don from donny @ 01:08 PM (1425 views)
Please complete the required fields.



Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>