Bank of England Governor Mark Carney doesn't believe the BOE needs to restart its bond-buying program, due to the improvement in the U.K. economy.
"Given the recovery has strengthened and broadened, I don't see a case for quantitative easing and I have not supported it," Carney told the Yorkshire Post regional newspaper. However, the BOE would consider more QE should the economy falter.
The pound is +0.1% at $1.6063, although that's down from earlier highs. The FTSE is -0.3%.