Pursuits
Bank of England Shouldn’t Rule Out More Bond Buying, BDO Says
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Britain’s economic growth will be “unspectacular” this year and the government’s determination to stick to its fiscal plans means the Bank of England shouldn’t rule out more emergency bond purchases, BDO Stoy Hayward said.
An index of output rose to 98.2 in May from 97.6 in April, remaining below the 100 level indicating average trend growth for an 11th month, the accountancy firm said in a report in London today. A gauge of inflation expectations climbed to