Policymakers at Bank in Talks On Qe

The JournalAugust 19, 2010

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Summary


BANK of England policymakers have considered further action to boost the economy this month amid concerns over tightening credit conditions and a slowdown in the UK recovery.

Minutes of the Bank's August interest rate meeting showed the monetary policy committee discussed the need for more quantitative easing (QE) but opted to keep its programme to boost the money supply at pounds 200bn.

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Policymakers at Bank in Talks On Qe

Members voted 8-1 to leave interest rates at a re...

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