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By Marlene Y. Satter, AdvisorOne |
November 8, 2012
The Bank of England (BoE) held off at its latest meeting on pouring additional funds into the British economy, opting instead to rely on a new lending scheme devised by the bank as concern over inflation grew.
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By Marlene Y. Satter, AdvisorOne |
October 4, 2012
Meanwhile, members voted to maintain the central bank’s interest rate at its current low of 0.5%.
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By Marlene Y. Satter, AdvisorOne |
March 21, 2012
Monetary Policy Committee members Adam Posen and David Miles came down in favor of boosting stimulus, while the other seven members opted for a wait-and-see stance.