King nips green shoots in the bud

York, NicoIa
May 2009
Money Marketing;5/21/2009, p8
The article reports on the prediction of Bank of England Governor Mervyn King of a slow economic recovery and the unreliability of changes in economic trend to assure economic development in Great Britain. King speculates that the economic recession will continue longer than what banks presumed and the changes in the gross domestic product do not imply a strong economy. He emphasizes the uncertain implication of the economic outlook because of the possibility that it does not assure development.


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