UK: BoE Remains Divided

Posted May 22, 2013 by rvillareal

• 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.
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