BOE Refrains From More Stimulus as Officials Assess Credit

The Bank of England refrained from adding to stimulus as policy makers kept focus on a credit- boosting program to aid the recovery. The Monetary Policy Committee led by Governor Mervyn King said the target for its bond purchases will remain at 375 billion pounds ($589 billion). All 43 economist…

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BOE Refrains From More Stimulus as Officials Assess Credit