Our Business News

Business articles & tips that will guide you.

Facebook
RSS

Bank of England Gov. Mervyn King dismissed an idea that the central bank should cancel the government debt it purchased as part of its quantitative easing program. “The Bank could not countenance any suggestion that we cancel our holdings of gilts. The Bank must have the ability to reverse its policy – to sell gilts and withdraw money from the economy – when that becomes necessary. Otherwise, we run the risk of losing control over monetary conditions,” King said in a speech in Wales. He said the Bank of England will “think long and hard” before deciding to make further asset purchases but stands ready to inject more into the economy.

You must be logged in to post a comment.

All You Need To Know

Pop-up restaurants are becoming increasingly popular. As rent prices rise ...

4 Tips That Can Help

In an increasingly technology driven world where instant access is ...

Why You Need to Step

No one can argue that your online influence matters. Without ...

3 Changes to the HIP

Changes to the HIPAA Omnibus from 2015 may affect the ...

5 Reasons Why Daryl

Billionaire Daryl Katz has recently been in the news because ...