http://news.bbc.co.uk/1/hi/business/7904628.stm
This news talk about quantitative easing to encourage bank lend money to people , because it is
effectively allows the central bank to write cheques to banks in exchange for assets, and it can help
economic recovery. The interest rates lower than before is seen to be diminishing.As the world
economy cools, and access to credit remains expensive or hard to obtain,
UK policy makers have been looking of different ways to encourage the banks to lend again.
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13 years ago
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