25-10-2016 14:00 via uk.news.yahoo.com

Hammond says cannot imagine rejecting BoE bond-buying

British finance minister Philip Hammond he could not see a situation where he would reject a request by the Bank of England to boost the economy by buying more bonds, playing down suggestions of a rift between the government and the central bank. "Monetary policy - including measures such as quantitative easing - have been highly effective in supporting the economy," Hammond said in response to a lawmaker's question in parliament on Tuesday. "Because of the fiscal implications of an indemnity fo
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