-
Bank of England votes against QE boost
The Bank of England has resisted pressure to inject billions of pounds into the economy, dashing hopes of a fresh round of stimulus to drive a recovery. The monetary policy committee voted against expanding its £375bn quantitative easing (QE) programme and kept interest rates at their historic low of 0.5%. That suggests outgoing bank governor, Sir Mervyn King, was outvoted for the second month running. At the February MPC meeting, King and two others voted to increase QE by £25bn to £400bn. More than 40% of economists were expecting the bank to add to its bond-buying program and noises emerging from the MPC this ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Mar 7, 2013 7:16am Mar 7, 2013 7:16am
- Trader88q
- | Joined May 2012 | Status: Member | 339 Comments
- Comment #2
- Quote
- Mar 7, 2013 7:20am Mar 7, 2013 7:20am
- kranti
- | Joined Feb 2013 | Status: Member | 245 Comments
- Comment #3
- Quote
- Mar 7, 2013 7:29am Mar 7, 2013 7:29am
- Guest
- | IP XX.XXX.112.246
- Comment #4
- Quote
- Mar 7, 2013 7:35am Mar 7, 2013 7:35am
- Maso
- | Joined Feb 2013 | Status: Member | 468 Comments
- Comment #5
- Quote
- Mar 7, 2013 7:54am Mar 7, 2013 7:54am
- Guest
- | IP XX.XXX.139.132
- Comment #6
- Quote
- Mar 7, 2013 9:56am Mar 7, 2013 9:56am
- ukmanthailan
- | Joined Nov 2008 | Status: Member | 10 Comments
- Comment #7
- Quote
- Mar 7, 2013 10:09am Mar 7, 2013 10:09am
- Squeeze
- | Joined Dec 2012 | Status: Member | 1195 Comments