Daily Archives: March 21, 2012

Claire Jones

The Bank of England’s minutes of its March Monetary Policy Committee meeting, out today, revealed that two of its nine members — David Miles and Adam Posen — wanted more quantitative easing.

But don’t let that mislead you into thinking further asset purchases are on the way. These are certainly not a more dovish set of minutes. In fact they do much to highlight the Bank’s concern over the recent rise in oil prices.  Read more