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BoE Governor King continues to lay the groundwork for further QE, telling Parliament he's...
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Tuesday, June 26, 2012, 7:03 AM ETBoE Governor King continues to lay the groundwork for further QE, telling Parliament he's "struck" by how much things have deteriorated in the last 6 weeks. "Pessimistic," and "particularly concerned," make his testimony as well. This month's vote for more QE was 5-4 against. Look for that to be reversed in July.
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