A long two-month waitBY BENJAMIN ONG | WEDNESDAY, 8 MAY 2013 9:10AMWill the Bank of England now join the race to the bottom come 9 May when its Monetary Policy Council (MPC) meets to deliberate the appropriate money prescription for the UK economy? |
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Phil Usher
CHIEF EXECUTIVE OFFICER
FIRST NATIONS FOUNDATION
FIRST NATIONS FOUNDATION
Taking a gamble to steady the ship as chief executive of First Nations Foundation, Phil Usher has turned it into a more secure, self sustaining entity, far better equipped to empower First Nations people to achieve financial prosperity. Andrew McKean writes.
What does a central bank do when inflation is above target, economy is shot to ribbons, lending stimulus is not working and interest rates are as good as zero?