Seeking Alpha

BOE chief Carney rules out more QE for now

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%.

ETFs - Stocks: FKU, EWU, EWUS, DXPS. Currency: GBB, FXB.

Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs