BoE has 'space' to opt for more quantitative easing: deputy prime minister
The UK's deputy prime minister, Nick Clegg, on Wednesday said the Bank of England had the "space" to introduce more quantitative easing if necessary.
Clegg said "one of the effects of a tight-fisted policy" was that it "permits that space for those steps to be taken".
He backed off from the question of whether he thought it was time for a second round of economic assistance for the British economy, highlighting the Bank's independence in making such choices.
Clegg used his speech at the London
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