BoE Miles says time to normalise interest rates is ‘soon’

FXStreet (Córdoba) - Bank of England David Miles said the time to normalise interest rates is “soon”, echoing Governor Carney earlier comments.

Mr Miles noted risks from the situations in Greece and China but stated that waiting for too long would be a “bad mistake”.

Germany crossing the line? - BBH

German Finance Minister Schaeuble claims that he raised the possibility of a Greek exit to push for an alternative, and he did so with backing of the Merkel government.
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