The Bank of England's Monetary Policy Committee voted five to four to maintain quantitative easing at £325bn this month, overruling the governor and three colleagues who called for further expansion.
The minutes from the Committee's last meeting in June show five members of the MPC - including Charles Bean and Paul Tucker - opted to maintain QE at its current level. Mervyn King (pictured), D...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
