He said it was impossible to rule out more cash injections in the future.
"We're creating money because there's not enough money in the economy," he said.
http://news.sky.com/home/business/article/16084156
Shock and awe' may be QE's biggest asset
http://www.telegraph.co.uk/finance/economics/8812020/Shock-and-awe-may-be-QEs-biggest-asset.html
Bank of England hits the panic button
Who was it who said that QE – printing money by another name – is the last resort of desperate governments, when all other options have failed?
http://www.telegraph.co.uk/finance/comment/jeremy-warner/8812051/Bank-of-England-hits-the-panic-button.html
Q&A: Everything You Need To Know About QE
http://news.sky.com/home/business/article/16084002
The idiot’s guide to Quantitative Easing
http://www.bitterwallet.com/the-idiots-guide-to-quantitative-easing/50118
Getting out might not be quite so easy
http://tinyurl.com/3f5mcr3
Household spending at lowest level for 10 years
http://www.telegraph.co.uk/finance/personalfinance/8809820/Household-spending-at-lowest-level-for-10-years.html
Will QE2 have any impact on consumers or retailers?
http://www.retailgazette.co.uk/articles/41411-will-qe2-have-any-impact-on-consumers-or-retailers
Cameron urges households to pay off debts as he warns: 'this is no normal recession'
http://groups.yahoo.com/group/eurorealist/message/45161
Mervyn King Says Bank Reforms Must Go Further Than Basel III
The Basel III framework of financial reform, which raises the capital requirement of banks, is not enough on its own to prevent another financial crisis, and more needs to be done to improve the resilience of the banking sector, Bank of England Governor Mervyn King said on Monday. In a speech at the Buttonwood Gathering in New York, King called for more "radical" measures alongside Basel III to curb excessive risk taking by banks.
http://www.rttnews.com/ArticleView.aspx?Id=1456153&pageNum=1
http://www.spiegel.de/international/europe/0,1518,789804,00.html
Conducting his last press conference as head of the European Central Bank (ECB), President Jean Claude Trichet announced a further round of covered asset purchases, a sort of QE, while reiterating rates would be kept unchanged, with the key interest rate unchanged at 1.5%.
http://www.forbes.com/sites/afontevecchia/2011/10/06/ending-his-8-year-reign-ecb-president-trichet-unveiled-more-qe/
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