While speaking to the Coronanomics podcast on Monday, the former Bank of England (BOE) Governor Mervyn King warned against the premature raising of the central bank’s quantitative easing (QE) programme, per CityAM. Key quotes It would be premature for the UK’s central bank to expand the quantitative easing scheme too early, saying such a step would be premature. The current management should wait until the economy has recovered to levels similar to that of the end of 2019 before returning to conventional monetary and fiscal measures. His comments come ahead of this week’s meeting of the Monetary Policy Committee (MPC), due at 0600 GMT. GBP/USD eyes UK/US Manufacturing PMIs for clear direction below 1.3100 FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next GBP/USD: Focus is now on 1.2970 – UOB FX Street 3 years While speaking to the Coronanomics podcast on Monday, the former Bank of England (BOE) Governor Mervyn King warned against the premature raising of the central bank’s quantitative easing (QE) programme, per CityAM. Key quotes It would be premature for the UK's central bank to expand the quantitative easing scheme too early, saying such a step would be premature. The current management should wait until the economy has recovered to levels similar to that of the end of 2019 before returning to conventional monetary and fiscal measures. His comments come ahead of this week's meeting of the Monetary Policy Committee (MPC), due… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
