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Source: Daily Mail, LondonJuly 26--STERLING fell against the dollar and the euro yesterday as traders bet the Bank of England will take further action to propel the economy to 'escape velocity'.迷你倉庫Official figures showed gross domestic product grew by 0.6pc in the second quarter of the year -- double the 0.3pc expansion clocked up between January and March.But the pound tumbled after the report was published at 9.30am amid disappointment that growth was not even stronger.It fuelled speculation the Bank, under new governor Mark Carney, will do more to drive the recovery in the coming months -- a move which could devalue the currency.The Canadian will use the August inflation report to outline how he plans to use "forward guidance" to convince businesses and households that interest rates will stay low for some time to come.Analysts also refuse to rule out more qu儲存ntitative easing despite all nine members of the monetary policy committee voting against another round three weeks ago.Britain remains trapped in the longest downturn for a century, with output still 3.3pc below its pre-recession peak, making the UK the worst performing economy in the G7 apart from Italy.Carney has said he wants to get the economy up to "escape velocity" during his five years.Although Carney has never defined what "escape velocity" is, it is thought it means a rate of recovery that allows the economy to escape from its five-year slump and where interest rates can return to more normal levels.The pound fell as low as $1.5267 and euro 1.1569 before clawing back some of its losses.Copyright: ___ (c)2013 Daily Mail (London, ) Visit the Daily Mail (London, ) at www.dailymail.co.uk/home/index.html Distributed by MCT Information Services新蒲崗迷你倉