Bank of England increases bond purchase plan

Discussion in 'Economics' started by ASusilovic, May 7, 2009.

  1. LONDON (MarketWatch) -- The Bank of England on Thursday held interest rates at record-low levels at 0.5%, as anticipated, but surprisingly increased its bond purchase program to 125 billion pounds from 75 billion pounds.

    http://www.marketwatch.com/news/sto...x?guid={1F72E760-8612-45CA-9AB8-B016E9420081}

    Helicopter Ben has a brother named "Helicopter Mervyn". But Helicopter Mervyn sounds so "aristocratic"...:D