Wednesday 8th February 2012 10.28am
Post your Events CBI Reacts To Bank Of England's MPC Decision
The CBI responded to the announcement from the Bank of England's Monetary Policy Committee (MPC).
Sarah Green, Regional Director, CBI North East, said:
“This month it would have been surprising if the Bank had done anything else. In keeping its quantitative easing policy and interest rates unchanged, the MPC has weighed the recent, fragile improvement in economic activity against residual concerns about inflationary pressures and the weak pound.
“As the economic recovery has extremely shallow roots, the Bank should stand ready to continue with its quantitative easing programme, as required.”
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