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Bank of England 'unanimous in freezing rates'
Mar 21st, 2012
Bank of England policymakers all voted in favour of freezing interest rates at a record low earlier this month, but two policymakers called for extra stimulus cash, the BoE said on Wednesday. (Source: AFP) -
By John O'Donnell BRUSSELS (Reuters) - The European Central Bank could use its new supervisory role from next year to single out weak banks and make it harder for them to get its financial support, people familiar with the matter say. Such a hardening of approach would keep ECB funding flowing to Europe's most important lenders but compel... [Full Article]
LONDON (Reuters) - The Bank of England bucked the trend of its recent forecasts on Wednesday by modestly upgrading its growth outlook and pencilling in a faster fall in inflation. In its quarterly economic update, the central bank gave no sign that it was on the verge doing more stimulus, describing policy as "highly stimulatory", but not... [Full Article]
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