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Wednesday, October 20, 2010

King says prices stability will help BoE to add to stimulus

Wednesday, October 20, 2010
King says prices stability will help BoE to add to stimulusGovernor of the BoE, Mervyn King, said yesterday that UK inflation indicators are showing that the level is currently stable which may help the bank to add to the undergoing 200 billion pounds APF to boost growth after the slowdown deduced from third-quarter data. He said that the sluggishness in expansion will push prices down to

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