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Showing posts with label financial and economic crisis. Show all posts
Showing posts with label financial and economic crisis. Show all posts

5/31/2014

Bank of England director defends QE and low interest rates

Britain would be a significantly poorer country without deep cuts in interest rates and the Bank of England's emergency injection of £375bn into the economy through its controversial quantitative easing (QE) programme, one of the Bank's leading policy makers has said.