Story Edition - Deficit fears have hurt sterling, Bank warns
Articles published more than 24 month(s) ago
Deficit fears have hurt sterling, Bank warns
sundaytimes Tuesday, March 16, 2010 9:58:00 PM CET | info
[other]
Entities: Charles Bean[1];
Other categories: Financial Crisis; Eurostat; Monetary Issues EU;
Quotes in this article
Charles Bean said: “The deficit now looks set to be around 12 per cent of GDP this year, which is unsustainable in the medium term,” “The recent depreciation of sterling appears to owe something to heightened fears about the UK’s fiscal prospects”
Charles Bean said: “The road ahead is likely to be bumpy and there is still the risk of further adverse shocks,” “All we can do on the Monetary Policy Committee is stand ready to react to those risks if and when they crystallise, either resuming asset purchases if further stimulation is required, or tightening policy through Bank rate increases and ultimately asset sales”
Britain’s public deficit is unsustainable and the pound has suffered from worries about what the Government will do to address it, according to Charles Bean, the Bank of England deputy governor....
BoE's Bean says deficit fears have hurt sterling
finanznachrichten-en Tuesday, March 16, 2010 8:33:00 PM CET | info
[other]
Entities: Christina Fincher[1]; Charles Bean[1]; Ron Askew[1];
Other categories: Financial Crisis; Eurostat; Monetary Issues EU;
By Christina Fincher LONDON, March 16 (Reuters) - Britain's public deficit is unsustainable and the pound has suffered from worries about what the government ......
Tools
Geolocation Information
Place: Britain
Geo Path: UK
lat: 51.4879
lon: -0.177998
Extracted quotes
Charles Bean said: “The deficit now looks set to be around 12 per cent of GDP this year, which is unsustainable in the medium term,” “The recent depreciation of sterling appears to owe something to heightened fears about the UK’s fiscal prospects”
sundaytimes Tuesday, March 16, 2010 9:58:00 PM CET
Charles Bean said: “The road ahead is likely to be bumpy and there is still the risk of further adverse shocks,” “All we can do on the Monetary Policy Committee is stand ready to react to those risks if and when they crystallise, either resuming asset purchases if further stimulation is required, or tightening policy through Bank rate increases and ultimately asset sales”
sundaytimes Tuesday, March 16, 2010 9:58:00 PM CET
Countries
Subtitles
Names
Categories
|
Also In The News |
|
|
Czech press survey - February 11
Entities: Jan Fischer[1]; Jan Svejnar[1]; Vaclav Klaus[1]; Vaclav Havel[1]; Other categories: Fundamental Rights; EU Treaty; Prague - The major Czech dailies comment on the constitutional bill on direct presidential election in the Czech Republic which the parliament has passed. Until now the president has been elected by the two houses of parliament.... |
Washington: NASA Seeks Game Changing Technology Payloads for Suborbital Research Flights
Other categories: FP7; NASA is seeking proposals for small technology payloads that could fly on future NASA-sponsored suborbital flights. These future flights will travel to the edge of space and back, testing the innovative new technologies before they're sent to work in the ...... |