Bank Is Set to Reverse Qe

Evening Standard - London (October 23, 2009)

Author: Hugo Duncan

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Summary


The Bank of england today said it is ready to reverse quantitative easing as the housing market showed further signs of recovery.

Policymakers on Threadneedle street said the Bank will have to withdraw the Pounds 175 billion of freshly printed money it has pumped into the economy, but only when the time is right.

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Bank Is Set to Reverse Qe

it came as figures from the British Bankers' Association ...

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