Summary
Bank of England Governor Mervyn King kept the door ajar for further money supply-boosting measures yesterday because he believed the UK's economic recovery was in the balance.
In a gloomy update to MPs, Mr King warned risks to expectations for the UK economy were "to the downside" and said the Bank could increase its Pounds 200 billion quantitative easing (QE) programme if the recovery was to falter.See the full content of this document
Extract
King Hints at Return of Quantitative Easing
He told a Treasury select committee that world demand re...
See the full content of this document
Sponsored links
