Bank of England decision on further liquidity injection expected for February

Thursday, December 9th 2010 - 15:34 UTC

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The Bank of England’s monetary policy committee (MPC) voted Thursday to hold the base interest rate at its record low of 0.5%. As expected, the Bank did not extend its £200 billion program of quantitative easing and is not expected to make a decision on whether to follow the US Federal reserve with a second bout of economy boosting bond-buying – or QE2 – until February. Read full article

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Fido Dido
further liquidity injection = print, print and print more money from nowhere, Brilliant.
Dec 10th, 2010 - 03:06 am - Link - Report abuse 0
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