Thursday, July 05, 2012
Bank of England - More QE ?
Bank of England Governor Mervyn King said on June 26th that the outlook
had worsened significantly in recent weeks and Britain risked falling into
a downward spiral as businesses put off investment due to uncertain
global prospects.
To counter this negative outlook, a Reuters poll suggests that there is
now a 75 percent chance that the Bank will restart its quantitative easing
bond-buying programme, at its July 4/5 meeting.
DATED: 05.07.12
FEED: RPG
