• From The BBC:

    The Bank of England’s monetary policy committee was unanimous in their decision to keep rates on hold at 0.5% this month.They were also in agreement not to extend further the Bank’s programme of pumping money into the economy. But members who in August called for a bigger injection of money than the £25bn decided, said the Bank may still need to extend the programme further. This increased the amount pumped into the economy to £175bn from £150bn. At that meeting in August, three members, including the Bank Governor Mervyn King, had voted for a bigger injection of £50bn. The Bank publishes the minutes of its meetings on monetary policy two weeks after the event….

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    Posted by Jon @ 10:31 am

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