Cable is notably stronger, +0.2% as the BOE seems in no rush to ease more even as it cuts its...

|By:, SA News Editor

Cable is notably stronger, +0.2% as the BOE seems in no rush to ease more even as it cuts its growth outlook. "That in itself does not suggest an urgent need for further action," says bank President Mervyn King, adding the underlying data may not be as weak as the headline numbers suggest.