Former chairman of US Federal Reserve tells MPs BoE should fix forecasting errors and update out-of-date processes.
The US Dollar fell a bit in the early hours on Wednesday, as the retail sales number in the USA fell short. The CPI numbers were also a bit soft, and this had a lot of traders selling the greenback. However, this is a trend that isn’t going anywhere.
The single currency’s gross domestic product expanded during the January to March period – although only half as fast as the UK.
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