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Wednesday, July 18, 2012

BANK of England policymakers

http://www.news.com.au/breaking-news/world/bank-of-england-votes-7-2-to-print-money/story-e6frfkui-1226429419605

BANK of England policymakers recently voted 7-2 in favour of pumping out another STG50 billion ($A76 billion) of new cash to help Britain's recession-hit economy, minutes show.

BoE Governor Mervyn King and six other central bank members voted to increase the so-called Quantitative Easing (QE) stimulus program to a total of STG375 billion ($A573 billion), according to minutes from a July 4-5 policy meeting.

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