ec Pulse: BoE minutes reveal three-way split vote on APF and Trichet to begin exiting stimulus program

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The main event this week in Europe was from the United Kingdom as their central bank released their minutes showing that the vote on the quantitative easing methods were split three ways, where one of the members wanted to leave it steady at 175 billion pounds, the other wanted to expand it to 215 billion pounds and the rest of the nine members of the MPC were extending it to 200 billion pounds. Regarding interest rates, it was unanimous.