Posts Tagged ‘printing money to beat recession’
Bank May Begin Printing Money to Reverse Downturn
Wednesday, February 11, 2009 12:05 No CommentsBank of England drastically cut its forecast for UK’s economy in 2009, predicting a further shrink at an annual pace of as much as 4% during the summer, which will be more than twice as bad as its assessment last November. A deep recession is also expects to drag on for most of the year.
The [...]
