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Wednesday, 12 September 2012

2012.09.12 14:54:13 BoE's Broadbent : would extend support if needed

News

Broadbent said that he would back more QE to stimulate the economy if
the circumstances warranted it.
He rejected the idea that the latest fall in unemployment meant he
would oppose another increase in asset purchases.
Quotes

"I can't say what's going to happen to employment over the future.
Fortunately I am in a position where I can judge those things month by
month. I am never going to and I don't believe that I can commit to
what will be the right policy in the future."

Ben Broadbent, policymaker, BoE

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