Brown said that the Bank of England had his full support when it decides to halt the growth boosting Quantitative easing scheme however reversing this stimulus package too soon would "imperil the recovery".
The U.K is emerging from its deepest recession in decades at a snails pace as the initial scheme filters through the economy.
Any mentions of further QE or extensions of the QE program have tended to lead to Sterling weakness so Browns words may have been taken as negative for the Pound as it suggests the program may be dragged out further than originally expected, not good news for those of you with upcoming requirements to send funds overseas thats for sure.
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Daniel Wright
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