Bank of England sees 'modest, sustained' recovery

Associated Press
Bank of England sees 'modest, sustained' recovery

FILE- The Governor of the Bank of England, Mervyn King speaks at The Economic Club of New York, in this file photo dated Monday, Dec. 10, 2012. Presenting the Bank of England's quarterly inflation report, on Wednesday May 15, 2013, Governor Mervyn King offered a twinkling of optimism that good things might be in store, while predicting only a modest recovery with inflation remaining above targets for the next two years. (AP Photo/Mark Lennihan, FILE)

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