BOE's Weale - NGDP target has more disadvantages than advantages

LONDON (Reuters) - 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, according to an interview posted on The Independent website on Wednesday. Related Stories German unions resigned to closure of Opel plant World Bank chief says finger-pointing not enough to fix graft Iran bank to ...