Bloomberg News

BOE’s Posen Says He’s Leaning Toward Doing More Stimulus

February 02, 2012

Feb. 2 (Bloomberg) -- Bank of England Policy maker Adam Posen said he’s leaning toward doing more so-called quantitative easing.

“I’m certainly leaning toward -- but who knows -- doing more QE if we don’t change the forecast,” Posen said in an interview on Bloomberg Television in London today.

He added that he was “slightly more optimistic than I was a few months ago.”

To contact the reporter on this story: Svenja O’Donnell in London at sodonnell@bloomberg.net

To contact the editor responsible for this story: Craig Stirling at cstirling1@bloomberg.net


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