Summary
THE Bank of England is expected to resist calls for further emergency support for the economy today, in the face of mounting evidence that the recovery is grinding to a halt.
The Bank's Monetary Policy Committee (MPC) is expected to hold interest rates at a record low of 0.5% while its quantitative easing (QE) programme will stay at pounds 275bn following today's meeting. The no-change decision will come despite influential think-tank NIESR estimating that economic growth slowed once again in the three months to November to 0.3%, from 0.4% in the three months to October.See the full content of this document
Extract
Mpc Is Expected to Keep Qe Level On Hold
Elsewhere, official ...
See the full content of this document
Sponsored links
