Three-way split in Bank’s November QE decision
The Bank of England's Monetary Policy Committee (MPC) was split three ways in its November decision on the amount by which its asset purchase programme should be increased, minutes published on Wednesday showed.
The committee voted to maintain the bank rate at 0.5% and expand the asset purchase programme by £25 billion ($42 billion) over the next three months, taking its total size to £200 billion ($336 billion) earlier this month. The minutes showed seven members - including Mervyn King, the
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