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Policy members at the Bank of England voted unanimously, but held different opinions on an asset purchase program, September's meeting minutes show. Policymakers voted 9-0 to maintain the quantitative easing program at $287 billion, minutes of the Sept. 9-10 meeting show.
Bank of England policy makers were split in a decision to increase the ceiling of a qualitative easing program, meeting minutes released Wednesday show. The minutes show bank Gov.
The Bank of England is likely to begin printing money to ward off deflation, a leading British economist said.
- Stoppage; cessation (of labor).
- A standing still or idling (of mills, factories, etc.).