ECONOMICS COMMENTARY
Jul 17, 2013
MPC members drop calls for more QE as economy gains momentum
There was unusual unanimity among policymakers at the Bank of England at its first meeting under new governor Mark Carney. According to the minutes of the latest Monetary Policy Committee meeting, all nine members voting against further quantitative easing. In prior months, three members, including previous governor Sir Mervyn King, voted for more asset purchases to help stimulate the recovery.
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