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-Minutes of BoE suggests end of quantitative easing.

Global Banking News-January 23, 2013--Minutes of BoE suggests end of quantitative easing(C)2013 ENPublishing -

Global Banking News - 23 January 2013

The minutes of the latest Bank of England meeting suggest that the central bank could soon end its quantitative easing measures.

The bank's January's meeting shows a shifting attitude among the UK's central bankers, who are seeking alternatives to the increasingly ineffective quantitative easing programme. Eight of the nine members voted for an end to asset purchases.

Since June, the apex bank has followed a Funding for Lending Scheme (FLS), which offers banks cheap loans in relation to the value of their lending to the real economy.

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Publication:Global Banking News (GBN)
Date:Jan 23, 2013
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