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Forex News / Pound Sunk As BoE Minutes Showed Votes For £75 Billion In QE

19.08.2009

Pound Sunk As BoE Minutes Showed Votes For £75 Billion In QE

Forex News /

The beat dropped above 50 pips following the let go of the BoE minutes which revealed that the assembly wasn’t unanimous on the amount to be added to their asset buy program. The MPC voted 6-3 representing the additional £50 billion with Governor Mervyn King and two others looking to combine £75 billion.



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