David Bloom

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Last quote by David Bloom

The Bank of England's unexpected hunger to join other G10 central banks in the race to the exit from accommodative monetary policy has given additional impetus to sterling, a currency that has happily ignored the political intrigue of Brexit throughout 2017.feedback
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Sep 18 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, “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.”. David Bloom has been quoted a grand total of 14 times in 9 articles.
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David Bloom quotes

Jun 27 2016

Sterling has fallen and correctly so, but it is not gapping … it is (a) pretty orderly (decline), but nasty.feedback

Jun 10 2016

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

Jan 25 2016

I can tell you that I have never read, heard or encountered a public request like that.feedback

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