BOE Officials Defend Forward Guidance

Bank of England officials this week stressed that their pledge to keep interest rates low until unemployment falls sharply isn't a promise that a rate freeze will continue until 2016, amid worries the central bank's forward-guidance strategy risks being misunderstood.



via WSJ.com: World News http://online.wsj.com/article/SB10001424052702304213904579095122910804930.html?mod=fox_australian