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- BOE KING: “Very hard to see how loans alone will solve eurozone crisis”
BOE KING: “Very hard to see how loans alone will solve eurozone crisis”
Growth forecast downgrade in inf rpt due to eurozone crisis
Need contingency plans vs Eurozone crisis worsening
Creditors will have to bear some of Eurozone rebal burden
UK banks clearly better capitalised vs some Eurozone ones
Euro area has increasingly threatened UK recovery
Funding strains are causing great deal of concern
Things could get better in Eurozone - 'Absolutely'
Clear what is going on at the moment, rebalancing of economy
Expect to see subdued wage growth to continue
All inflation expectations signs fail to show significant pickup
Factors which drove inflation higher are diminishing
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