Adam Posen ‘open to persuasion on QE’

Adam Posen, the most doveish member of the Bank of England's Monetary Policy Committee, today declared he could still be persuaded not to vote for more quantitative easing if the arguments were strong enough.

Posen went public this week with his concerns about the economy but today said: "I might get persuaded that I'm premature I'll be seeing whether my arguments hold up."