Doves
Vince Cable makes the case for an NGDP target for the Bank
Some economists argue that monetary policy is proving ineffective at getting us out of this present malaise because the Bank of England is failing to do enough stimulus, or, more importantly, failing to make it clear to the public and financial markets that it will do enough.
By Ben Chu | Eagle Eye, Econoblog | Wednesday, 20 June 2012 at 3:27 pm
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