BoE policymaker: More QE 'very much on the table'

One of the Bank of England's (BoE's) senior policymakers has hinted a further round of quantitative easing (QE) remains an option for the UK's central bank.

Paul Fisher, executive director for markets at the BoE, said the Bank has not ruled out injecting more money into the UK economy on top of the £200bn already dispersed. "I have said in the past [QE] is still very much on the table as one of our potential policy actions, and it's certainly not ruled out, and people need to be aware of that. "On the other side, the economy could be much weaker than we expect, pushing down on inflation and risking deflation. Recovering to the target from that could be even harder, at least in my personal view." On the Bank's official 2% inflation targ...