King's Vote for More QE Seen as a `Very Big Move'

Feb. 20 (Bloomberg) -- Adam Chester, head of U.K. macroeconomic research at Lloyds TSB Commercial...  More »

Feb. 20 (Bloomberg) -- Adam Chester, head of U.K. macroeconomic research at Lloyds TSB Commercial Banking, discusses the U.K. economy, unemployment data and the Bank of England's quantitative easing program. Minutes of the bank's meeting on Feb. 6 and Feb. 7 revealed that Governor Mervyn King was outvoted in a push to expand the BOE's target for bond purchases by 25 billion pounds ($38 billion). Chester speaks with Francine Lacqua and Guy Johnson on Bloomberg Television's "The Pulse." (Source: Bloomberg)  « Less