Bank of England to decide over stimulus

The Bank of England must decide this week whether to pump out more cash stimulus to boost a British economy at risk of its third recession since the 2008 global financial crisis.

BoE policymakers holding a regular monthly meeting that concludes on Thursday will also vote on whether to change the level of its main interest rate, which has remained at a record-low 0.5 per cent for four years.

Minutes of the central bank’s meeting in February showed that its outgoing governor Mervyn King unsuccessfully advocated for more stimulus, known as quantitative easing.

via Business feed http://www.scmp.com/business/economy/article/1182739/bank-england-decide-over-stimulus