George: Cen banks have more ammo to fuel growth

SWITZERLAND - The global economy will take longer to rebound than expected just before the 11 September attacks on the United States, Bank of England Governor Sir Edward George said on Monday.

But George, speaking to reporters after chairing a meeting of central banks at the Bank for International Settlements (BIS), said central banks had not yet run out of ammunition to fuel growth.

He said lower inflation increased the scope for policymakers to respond to the global slowdown. He also said rec