Bank of England split on QE

Note: This section contains information in English only.
Source: RTTNews
© Scanpix/AFP
On Wednesday, members of the English central bank overturned Mervyn King's call for further stimulus during his last meeting as a governor. 3 members voted for additional increase of 25 billion pounds in quantitative easing, while 6 voted against the decision. Meantime, Monetary Policy Committee decided to keep record low interest rates at 0.50%.
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