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Podcast: Beyond Currency
Episode: 6 AUGUST - ARE YOU #TEAMOVER OR #TEAM UNDER?
Description: "Yesterday’s meeting of the Bank of England’s Monetary Policy Committee confirmed that the process towards a reduction of support for the economy is about to begin.
The decision to leave interest rates unchanged at 0.1% was entirely predictable, while there had been a degree of speculation about the start of a reduction in the asset purchase scheme. In the end, it was left unchanged at £895 billion. There was just one dissenting vote. Inflation hawk Michael Saunders voted for a reduction in the level of asset purchases.
BoE Governor Andrew Bailey spoke at his press conference of the need for a mod...