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  • Sir Mervyn King says economic recovery on its way

    From bbc.co.uk

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    he Bank of England governor, Sir Mervyn King, says economic growth is on its way. In a wide-ranging live interview with Channel 4 News, Sir Mervyn said he did not have a crystal ball, but that the next quarter would probably show a pick-up in activity. He said he was beginning to see a few signs of a recovery, albeit a slow one. He said a lot depended on resolving the eurozone crisis, which was hanging over the UK like a "black cloud". Sir Mervyn said: "I think the next quarter will probably be up. I think we're beginning to see a few signs now of a slow recovery, but it will be ... (full story)

    • Sanguis

        2,137 posts
    • Has one of the Fed's biggest hawks saying Fed should keep stimulus on until unemployment is 5.5%:

    • Sanguis

        2,137 posts
    • These FED figures like that, idiotic, how is not onto him word.

    • Loadedgun

        3,197 posts
    • Quoting Sanguis
      Has one of the Fed's biggest hawks saying Fed should keep stimulus on until unemployment is 5.5%:
      I agree with that. What is wrong with it if it helps?

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