‘No reason’ to think trend growth has dipped: BoE’s King

A view of the London City skyline

Mervyn King, the governor of the Bank of England, on Wednesday said there was "no reason to suppose" that the sustainable growth rate for the UK would be lower post-crisis.

The latest GDP forecasts, also released on Wednesday as part of the quarterly Inflation Report, imply that the Bank believes the UK economy can return to a level of expansion of around 2.5% to 3% per year in the medium term.

However, others say that the sustainable rate of growth is likely to be lower post-crisis. Sir John

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: