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BoE's King may flag more QE as economic outlook darkens

From reuters.com

The Bank of England may flag the need for yet another cash injection to shore up the economy when it updates growth and inflation forecasts later on Wednesday, as the euro zone debt crisis threatens to tip Britain back into recession. The central bank restarted its asset purchase programme in October with a 75 billion pound cash boost, and policymakers had considered pumping in even more due to the gloomy outlook for the economy. Many analysts reckon the BoE will use Wednesday's inflation report to signal that more quantitative easing may be needed, as it looks set to predict a somewhat sharper slowdown in inflation ... (full story)

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