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BoE's King says effect of asset purchases to be felt in 2013
December 10, 2012 / 6:03 PM / in 5 years

BoE's King says effect of asset purchases to be felt in 2013

NEW YORK, Dec 10 (Reuters) - The effects of extraordinary asset purchases by the Bank of England should be felt later in 2013 as the British economy struggles to maintain steady growth, said BoE Governor Mervyn King during an appearance at the Economic Club of New York on Monday.

“It’s been a zig-zag pattern,” said King, referring to the UK’s uneven economic recovery.

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