Wednesday, Nov 18, 2009

"Green shoots" out of fashion?

Reuters: Bank's Barker sees no turn in unemployment soon

"The recession will not really have ended until unemployment starts to fall, which is unlikely to be soon, Bank of England policymaker Kate Barker said"

Posted by rumble @ 01:07 PM (773 views)
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1. cat and canary said...

Bank of England policymaker Kate Barker says, "quantitative easing had yet to have a direct effect on lending to small businesses, and that perhaps the Bank had been optimistic to have expected it to."

but still the BoE voted for more QE.

Wednesday, November 18, 2009 01:35PM Report Comment
 

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