Demand for loans remains weak and banks are under-capitalized, says Adam Posen, who was a rate-setter at the BOE between 2009 and 2012.
Published in TZ Latest News 4 August, 2016 by The TZ Newswire Staff
Former UK rate-setter says the BOE’s new funding plan won’t work
Published in TZ Latest News 4 August, 2016 by The TZ Newswire Staff
Former UK rate-setter says the BOE’s new funding plan won’t work
Demand for loans remains weak and banks are under-capitalized, says Adam Posen, who was a rate-setter at the BOE between 2009 and 2012.