Thursday, September 08, 2011
No change from the Bank
Posted by David Smith at 12:15 PM
Category: Thoughts and responses

The Bank of England used to get pressed by business to cut rates, now it is being urged (Institute of Directors et al) to boost quantitative easing. It did not do so today, leaving Bank Rate at 0.5% and QE at 200 billion but the minutes will be very interesting indeed.