Interest rates and quantitative easing 'on hold', says Bank of England
Business news 19 Sept 2013
An undisputed vote by the Bank of England's monetary policy makers has elected to keep interest rates and quantitative easing (QE) 'on hold'.
The minutes from September's Monetary Policy Committee (MPC) meeting suggest that the members believe the economy is growing stronger, as 'no member judged that further stimulus was appropriate at present'.
Two members had previously commented that they thought an expansion of QE may be needed to aid the economic recovery; however they have since revised their opinions.
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