Osborne Responds to QE Announcement mdi-fullscreen

George Osborne told the BBC:

“I don’t think anyone should be pleased that we have reached this point. It is an admission of failure and carries considerable risk. Let us hope that this approach taken by the Bank of England does lead to an easing of credit conditions.┬áThis is a leap in the dark and we will see whether it works.”

In 2009

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