Door Open for Fresh Quantitative Easing

Summary


BANK of England policymakers are divided over the outlook for inflation, and the door is open to further quantitative easing as the economy struggles out of recession, writes Scott Reid.

Minutes of October's meeting of the monetary policy committee (MPC), published yesterday, showed the nine members voted unanimously to keep interest rates on hold,

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Extract


Door Open for Fresh Quantitative Easing

and leave the Bank's asset purchase programme at GBP 175 billion.

The minutes also highli...

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