Tag Archives: MPC

Sterling plummets after Bank of England policy meeting minutes suggest possible QE

The British pound dropped 0.7 percent against the dollar on expectations of more quantitative easing by the Bank of England. The Monetary Policy Committee (PMC) meeting minutes were published on Wednesday signalling that the central bank is keen expanding its current bond purchase program from the current 375 billion pounds to 400 billion pounds. The voting suggested that more MPC members in...

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February 20, 2013 @ 10:02 am

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