Bank of England next governor favours “flexible inflation targeting”

Thursday, February 7th 2013 - 19:32 UTC

Full article 6 comments

Bank of England has chosen not to inject any more money into the economy, leaving its quantitative easing (QE) programme at £375bn. The Bank also left interest rates unchanged at 0.5%. Read full article

Comments

Disclaimer & comment rules

briton
lets wait for a couple of months, and see how it goes,
Feb 07th, 2013 - 07:52 pm - Link - Report abuse 0
-+
Trunce
Advice should be sought from the colony Espanargia - experts in flexible inflation.
Feb 07th, 2013 - 08:42 pm - Link - Report abuse 0
-+
The Cestrian
It'll be interesting too see how he does. He comes with a big reputation but then again a friend of the NWO and the Illuminatii always do.
Feb 07th, 2013 - 10:28 pm - Link - Report abuse 0
-+
Fido Dido
Mark Carneynk DOES NOT and WON'T work for the people in the UK. What he is saying is clear, KEEP PRINTING. It did NOT work last time, it won't work again. The UK economy keeps shrinking unless you LET THE ZOMBIE BANKS DIE (capitalism, real capitalism).

The UK (just like the US) is already facing higher inflation while still asleep. Great example of the (stealth) inflation is horse meat (which is cheap) for a burger with the same price as what you were paying for the burger with beef. You get it? He wants MORE inflation...good luck!
Feb 08th, 2013 - 05:13 am - Link - Report abuse 0
-+
DanyBerger
Ha ha ha ha

The idiot will get 20% inflation in the end of a year because they are broke and must keep borrowing to keep falling UK economy a float.

The idiot cannot see that there is way out of UK mess without admit that all their bank system cannot survive. They don't even have declare how much toxic asset they got and they are using public money to clean the balance sheet.

So all the money injected by UK govt. goes to banks to create illusionary profits to clean they mess meanwhile people remain naked.
Feb 08th, 2013 - 07:23 am - Link - Report abuse 0
-+
Britworker
@6
Watch, wait and see. You shouldn't allow your hatred of the UK cloud your judgement. Throughout our history we have gone through good times and bad times, but despite everything we are still the sixth largest economy in the world and have a navy whose global reach is only second to that of the US. This while we are going through a very bad time currently. We are a tiny island in the North Sea, yet we punch massively over our weight and always have done.
The pheonix will rise from the ashes again.
Feb 08th, 2013 - 03:16 pm - Link - Report abuse 0
-+

Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!