King Says BOE Braced for Euro Debt Crisis Risks: Economy (Update 3) By Scott Hamilton - Wed May 16 11:45:39 GMT 2012 Enlarge image BOE Sees Near-Term U.K. Inflation Pressure Before Slowing A London bus passes the Bank of England in London. A London bus passes the Bank of England in London. Photographer: Simon Dawson/Bloomberg May 16 (Bloomberg) -- Bank of England Governor Mervyn King talks about the U.K.'s growth and inflation outlook. He speaks at a news conference in London after the release of the bank's quarterly inflation report. (This is King's statement only. Source: Bloomberg) May 16 (Bloomberg) -- Trevor Williams, chief economist at Lloyds Bank Corporate Markets, discusses the Bank of England's inflation and growth forecasts and quantitative easing program. He speaks ... Continue reading →
King: BOE hasn't ruled out more QE in future & isn't concerned about diminishing returns. Meanwhile, Cameron says UK mustn't lose low rates