Carney notes lowered prices in the region but isn’t calling it the “D” word just yet As quantitative easing is expected to rain across Europe, Mark Carney, head of the Bank of England, wonders if it will be enough to generate a headwind to stave of deflation on his island economy. The head of England’s central bank said the economy is on course for its first period of declining prices since records were taken in 1989. Mark Carney, in a letter to George Osborne, the Chancellor of the Exchequer, said the economy is not at risk of falling into a dangerous deflationary…
As Prices Fall In England, Mark Carney Muses About Deflation
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.