Bank's Bean admits QE exit tricky

Charlie Bean, the deputy governor responsible for monetary policy at the Bank of England, has acknowledged that the execution of the Bank's exit strategy for quantitative easing will present the Monetary Policy Committee with a tricky judgment call.

Bean said on Thursday: "We do not want to nip a recovery in the bud prematurely. Equally we will not want to let the inflation genie out of the bottle."

But, he added that that was the sort of balancing act that monetary-policy makers regularly fac

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