More currency floors a possibility in deflation fight - HSBC

The Riskbank could be next to act, says David Bloom

Goal line technology should stop dramas

More Swiss-style currency floors could be installed in European countries such as Sweden, Norway and the Czech Republic as the weakening euro is exporting disinflation into their domestic economies, according to David Bloom, global head of foreign exchange research at HSBC in London.

Speaking at the HSBC's global investment seminar in New York yesterday, Bloom argued recent reports that the European Central Bank (ECB) may begin to buy corporate bonds and finally launch a quantitative easing (QE)

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