No currency wars here. Sterling renews its sharp 2013 decline as BOE Governor King has a "what...

|By:, SA News Editor

No currency wars here. Sterling renews its sharp 2013 decline as BOE Governor King has a "what me worry" attitude about the bank's forecast inflation is set to rise to 3%, and will stay above its 2% target until 2016. "This is not the result of easy monetary policy, nor does it reflect what's going on in the economy." When is King's retirement again? FXB -3.7% YTD.