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Instant View - Bank of England sits tight on policy as forecast
LONDON (Reuters) – The Bank of England decided against additional monetary stimulus for an economy that may yet dodge a new recession, voting on Thursday not to raise the target for its asset purchases. Following are reactions to the decision: ROB WOOD, BERENBERG BANK “The current officials of the Old Lady of Threadneedle street kept the faith in their cheap credit scheme – the Funding for Lending Scheme – by keeping policy on hold today. …
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Instant View – Bank of England sits tight on policy as forecast
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