Carney will 'ditch inflation targets, slash interest rates and push more QE'

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Mark Carney's arrival at the Bank of England will prompt a fresh round of monetary policy with "no let-up" for pension funds already struggling with low interest rates, the former deputy governor of the Bank told delegates.

Sir John Gieve told the National Association of Pension Funds investment conference he expects Chancellor George Osborne will announce a shift to flexible inflation targeting before the incoming Bo...

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