BOE Minutes: MPC voted 9-0 for unchanged QE at Dec meeting

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21 December 2011

BOE Minutes: MPC voted 9-0 for unchanged QE at Dec meeting

BOE MPC Voted 9-0 for unchanged bank rate at Dec meeting
Agreed little merit in changing path of asset buying
Precision of a policy change outweighed by uncertainty
inflation report shows more qe may well be needed
Some BOE MPC thought outlook had deteriorated on the month
inflation risks more balanced in medium term

Asia Pacific stocks close:

United Kingdom: PSNCR, bln, November 10.5 (forecast 10.3)

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