Loans and Finance

Loans and Finance

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News and information about loans, money, debt, finance and business issues.

Thursday, July 05, 2012

Bank of England Increases QE £50BN

The Bank of England has left interest rates unchanged. However, it has increased quantitative easing by £50BN over the next four months.

The rationale for turning on the printing presses again being the persistent lack of economic growth, slowing export markets and weak business indicators.

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