Treasury Select Committee grills King
Sir Mervyn King, governor of the Bank of England, on Tuesday appeared before the Treasury Select Committee to answer questions about quantitative easing (QE).
Speaking ahead of the hearing, Andrew Tyrie, the chair of the committee, said: "The Bank of England has taken a major step by resuming quantitative easing... Among the issues the committee wants to discuss [with King and Bean] are the effectiveness of QE, the case for using the same tool a second time, and the respective roles of the
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