Thursday 6 October 2011

Bank of England surprises with stimulus

Herald Sun (Australia)
"THE Bank of England has surprised markets by announcing that it will spend another $120 billion in an attempt to stimulate a struggling British economy, moving a month earlier than many in the markets expected. .......The pound slumped following the statement. Soon after, it was trading 1.1 per cent lower at $US1.5293."

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