Wednesday, 30 January 2013

Business latest news, results and reports: BoE's Martin Weale rejects adopting nominal GDP as a target

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BoE's Martin Weale rejects adopting nominal GDP as a target
Jan 31st 2013, 07:00

Martin Weale, a member of the Bank of England's monetary policy committee, said the disadvantages of adopting nominal GDP as a target would outweigh the advantages.

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