King sees no need for big change in bank's remit

LONDON (Reuters) - Bank of England Governor Mervyn King questioned the need for a shake-up in how the central bank focuses on fighting inflation, days before Chancellor may announce a change in how he wants the bank to work. "I'm not sure there is any call for major change in the remit," he told ITV News on Friday. "Most important is the commitment to the target of 2 percent (inflation). ...