Three MPC members voted for more QE in June's meeting
Three members of the Bank of England's Monetary Policy Committee voted in favour of increasing the quantitative easing programme by £50bn at June's meeting.
Bank governor Mervyn King, David Miles and Adam Posen all wanted to raise the size of the asset purchase programme by £50bn to £375bn.
The committee voted unanimously in favour of keeping base rate on hold at 0.5%. They discussed the possibility of base rate coming down further, but decided that they were other key economic factors over the coming weeks that would have a material bearing on their decision.
June 22, 2012
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