Committee Split Three Ways Over Qe Investment

Western Morning News, The › November 19, 2009

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Summary

BANK of England policymakers were divided over their decision on how to boost the economy this month.

Minutes of November's meeting of the Monetary Policy Committee, released yesterday, showed chief economist Spencer Dale did not want to increase the money-boosting programme at all, while external member David Miles thought a Pounds 40 billion boost appropriate. The rest - including governor Mervyn King - opted for a more modest addition of Pounds 25 billion.

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Committee Split Three Ways Over Qe Investment

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