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UK: BoE Remains Divided
- Surprising only a few, the minutes to the May 8-9 BoE MPC meeting showed the committee still split 6:3 over its decision to keep the asset purchase program target unchanged at £ 375 bln, with Governor King and MPC members Fisher and Miles continuing to advocate a £ 25 bln expansion for a fourth successive month.Not yet a Decision Economics member? Click here to register for a FREE 30 day trial.If you are already a member, click here to login.