“Bank of England Governor Mervyn King and his committee voted today to complete their current round of stimulus as they get ready to debate next month whether to bring the program to a halt.
With some on the nine-member Monetary Policy Committee toughening their stance about the threat of inflation and King insisting the U.K.’s predicament still feels “like a crisis,” the panel backed finishing their 325 billion pounds ($516 billion) of quantitative easing. That sets the stage for a showdown in May, when officials will have new forecasts and data on first-quarter gross domestic product…”
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