Sterling continued its resurgence against the dollar today after the Bank of England said that its quantitative easing (QE) programme risks igniting inflation.
Sterling rose from $1.548 to a new five-month high of $1.552 after monetary policy commmittee (MPC) minutes showed all members decisively behind the £50bn that was added to the quantitative easing programme two [...]
Posts Tagged ‘Bank Inflation’
Pound climbs as Bank gambles on inflation
May 20th, 2009 by Financial Writer
Tags: Bank Inflation, MPC, UK
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