David Bloom

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Last quote by David Bloom

You get the boss speaking one day and then his chief economist the next and saying different things… it feels to the market that the chief economist – Haldane – is heading towards a rate rise. I don't know why, I don't know what they think is happening, I'm not quite sure what this is all about. They have been wrong for eight years about this and now they are going to be right? No, no, falling sterling creates inflation, inflation squeezes real incomes, consumption comes down, imports come down and the current account rectifies itself. It's amazing… financial markets can work.feedback
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Jun 23 2017 HSBC Bank
David Bloom has most recently been quoted in an article called Here's why the Bank of England's hawks are getting it wrong over calls for a rate hike. David Bloom said, “I don't see it as… 'oh the economy is running so hot and inflation is picking up, we need to raise rates', No, no, no! Is that clear?”. David Bloom has been quoted a grand total of 12 times in 7 articles.
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David Bloom quotes

Jun 10 2016

People are getting a bit nervous about risk at the moment.feedback

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