BoE’s Dale says further easing carries ‘potential risks’
The Bank of England's (BoE) chief economist, Spencer Dale, on September 8 issued a warning about the "potential risks and costs" of further quantitative easing (QE) in the UK.
Speaking at the Money, Macro and Finance conference at Trinity College in Dublin, Dale said there was further scope for monetary policy to stabilise the economy, but warned there are limits to how much more can be asked.
Dale highlighted the long period of very weak productivity growth in the economy, which he suggested
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