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    The British Central Bank Quantitative Easing Increased By 75 Billion &Nbsp; The Benchmark Interest Rate Remained Unchanged.

    2011/10/7 9:01:00 26

    QE Rate

    The Bank of England's England bank announced that it will launch another round of quantitative easing.

    The news gave the financial market a little surprise, the news that the pound had fallen sharply.

    At the same time, the British central bank announced the maintenance of 0.5%.

    benchmark

    Interest rates remain unchanged, which is in line with market expectations.


    The monetary policy committee of the British central bank voted to increase the size of the asset purchase project by 75 billion pounds (115 billion US dollars) to 275 billion pounds, and its funds will automatically be used by the central bank in the future.


    "The speed of global economic growth has slowed down, especially in the UK," the British central bank said in a statement.

    Exit

    Market.

    Weaknesses associated with some of the heavily indebted countries and banks in the euro zone have led to serious pressure on the banking financing market, and financial markets are generally suppressed.

    These pressures facing the world economy will threaten the recovery of the UK economy. "


     
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