U.K. Bank Committee Split On QE Addition

19 Aug 2009

The Bank of England’s Monetary Policy Committee was split over how much more money the central bank should inject into the economy as part of its quantitative-easing program.

The Bank of England’s Monetary Policy Committee was split over how much more money the central bank should inject into the economy as part of its quantitative-easing program. Mervyn King and two board members favored an additional £75 billion ($123.46 billion), but the committee finally settled on £50 ...

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