Sterling edged higher on Friday after Bank of England Governor Mark Carney was quoted as saying he sees no need for more bond-buying by the central bank given signs of recovery in the British economy.
Carney told the Yorkshire Post that the BoE would consider the case for more economic stimulus should the recovery falter.
“But my personal view is, given the recovery has strengthened and broadened, I don’t see a case for quantitative easing and I have not supported it,” he said.
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