Bank of England’s Sir Mervyn King outvoted on QE move

Bank of England governor Sir Mervyn King backed more action to boost the economy earlier this month, but was outvoted by his colleagues on the Monetary Policy Committee (MPC). Minutes of the MPC’s meeting show it voted 6-3 against expanding the quantitative easing (QE) programme from its current …

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Bank of England’s Sir Mervyn King outvoted on QE move