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BOE Voted 7-2 to Boost Asset Buying; Weighs Rate Cuts

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Wed, 18 Jul 12 1:59 PM | 89 view(s)
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Better late then never. They're coming around & realizing you can't cut your way to growth.

BOE Voted 7-2 to Boost Asset Buying; Weighs Rate Cuts

Jul 18, 2012 5:07 AM EDT

Bank of England policy makers voted 7-2 to increase stimulus and said they may reconsider the case for an interest-rate cut.

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