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BOE 'poised’ for more QE to avert triple dip

From telegraph.co.uk

The Bank of England could expand its money-printing programme as early as Thursday if monthly business surveys raise the threat of a “triple dip”, say analysts. Policymakers are expected to pay close attention to the latest round of monthly purchasing managers’ indices (PMIs), which track companies’ orders, outputs and headcount. The surveys will offer a snapshot of economic activity in March, pointing to whether it has been strong enough to dodge another slump. After the economy shrank by 0.3pc in the final quarter of last year, the UK would need to have grown in the first three months of 2013 to avoid a return to ... (full story)

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