Shows & Panels
- The 2014 Big Picture on Cyber Security
- AFCEA Answers
- Ask the CIO
- Building the Hybrid Cloud
- Connected Government: How to Build and Procure Network Services for the Future
- Continuing Diagnostics and Mitigation: Discussion of Progress and Next Steps
- Federal Executive Forum
- Federal Tech Talk
- The Intersection: Where Technology Meets Transformation
- Maximizing ROI Through Data Center Consolidation
- Moving to the Cloud. What's the best approach for me
- Navigating Tough Choices in Government Cloud Computing
- The New Generation of Database
- Satellite Communications: Acquiring SATCOM in Tight Times
- Targeting Advanced Threats: Proven Methods from Detection through Remediation
- Transformative Technology: Desktop Virtualization in Government
- Value of Health IT
Shows & Panels
UK central bank panel remains cool on stimulus
Wednesday - 12/19/2012, 4:43am EST
LONDON (AP) - Minutes to the Bank of England's last rate-setting meeting show little enthusiasm for another monetary stimulus.
They show that David Miles was the only one of the nine-member Monetary Policy Committee to back an expansion of the asset purchase program, which has injected 375 billion pounds ($611 billion) into the British economy since March 2009. The majority believe it is too early to judge the effects of the latest 50 billion pounds stimulus.
All nine agreed to keep the Bank's base lending rate at the all-time low of 0.5 percent.
The minutes, published Wednesday, also suggest that the rate-setters are unsure about the underlying state of the British economy as one-off events such as the Olympic Games cloud the picture.
Britain emerged from a nine-month recession in the third quarter.
(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)