Bank of England Poised to Increase Asset Purchases, CEBR Says

Bank of England Poised to Increase Asset Purchases, CEBR Says
It cut its forecast for expansion in 2012 to 0.4 percent from 0.6 percent and warned of a 1.1 percent contraction if the euro-area debt crisis worsens substantially. The central bank will keep its benchmark interest rate at 0.5 percent until 2016 and …
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