"The Committee has not lost faith in asset purchases as a policy instrument," says BOE Governor...

|By:, SA News Editor

"The Committee has not lost faith in asset purchases as a policy instrument," says BOE Governor King, warning the U.K. economy better get moving or it will be the subject of another round of QE. Much ado about nothing, says King, over the kerfuffle about the bank transferring interest payments it receives on its Gilt stash to the Treasury.