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Are bells ringing for bond bears? First incoming BOE Governor Mark Carney lauds the idea of...

Are bells ringing for bond bears? First incoming BOE Governor Mark Carney lauds the idea of nominal GDP targeting, then the Fed axes its inflation target in favor of a focus on lower unemployment. Now U.K. Treasury Chancellor Osborne says he would consider scrapping that country's 2% inflation target in exchange for something more growth-oriented.
Comments (4)
  • 2 years from now TBT will double
    13 Dec 2012, 11:01 AM Reply Like
  • It's about time, when it starts there'll be no stopping it!
    13 Dec 2012, 11:16 AM Reply Like
  • Eventually the printing presses will require major O&R due to excessive running. It cannot last under any circumstances. Smoke and mirrors about monetizing our debt is about over. IMHO
    13 Dec 2012, 12:13 PM Reply Like
  • They can ax their inflation targets or not. All the money printing will give it to us whether they like it or not!
    13 Dec 2012, 06:10 PM Reply Like
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