Tag: Adam Posen

• Thursday, December 9th 2010 - 15:34 UTC

  Bank of England decision on further liquidity injection expected for February

  

  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.