The “most hideous” macro economic nightmare is now probably a remote possibility, says BOE official tucker but the outlook remains highly uncertain. The big question is whether the recovery will be anemic and things may not become clear until the late spring or early summer of 2010.
Well that clears things up, Mr. Tucker, thanks…
Cable is dipping after a a slow grind as high as 1.6600 over the last two-hours and is now at 1.6575.