Stimulus best medicine for UK, says BoE's Bean – FT

LONDON (Reuters) – A highly stimulatory monetary stance is the “the best medicine” to help rebalance Britain's economy, Bank of England deputy governor Charles Bean said in an opinion piece in the Financial Times on Friday. Bean defended the bank's stimulatory policy stance, which has come under renewed criticism as Britain slid into its second recession since the financial crisis. “The present …

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(1) Stimulus best medicine for UK, says BoE's Bean – FT
URL: http://news.yahoo.com/stimulus-best-medicine-uk-says-boes-bean-ft-032247307--business.html;_ylt=A2KJjb3JrKNPPBoAkpz_wgt.



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