BoE is prepared for more monetary easing to spur recovery

12/23/2009 | Daily Mail (London), The

The Bank of England's Monetary Policy Committee is considering expanding its quantitative-easing programme in 2010 by as much as £25 billion, sources said. So far, the central bank programme has poured roughly £200 billion into the UK economy. Policymakers are concerned with the country's economic recovery. Adam Posen, the newest member of the committee, said he is worried about an "undershoot" of economic growth.

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Daily Mail (London), The

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