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BOE MINS: MPC Vote 9-0 To Keep Stg175bn QE; Differ On Risks
--BOE MPC Views Differed on Medim-Term Inflation Risks
--BOE MPC Voted Unanimously in Oct to Maintain Bank Rate at 0.5%
--BOE MPC Agreed No Compelling Case to Change Level of QE
--BOE MPC: Nov Forecast Round Chance to Asses Inflation Outlook
--BOE MPC: Inflation to Stay Volatile; Pick Up in Near Term
--BOE MPC: Medium Term Inflation Not Impacted By Near Term Rise
--BOE MPC: Grounds for Greater Optimism Over Global Recovery
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Developments over the past month have been "generally positive" and
there is greater confidence that a global recovery is taking place MPC
members agreed in deciding to stick with the current stg175 billion of
Quantitative easing at their Oct meeting. The minutes revealed however
that MPC members were divided over the risks to medium term inflation
and said the upcoming Nov forecast round would be a chance to reassess.
10/21/2009 4:30:59 AM
BOE MINS
MPC Vote 9-0 To Keep Stg175bn QE; Differ...