Instant view - Bank injects further £50 billion
LONDON (Reuters) - The Bank of England voted to inject another 50 billion pounds into the finanical system to try to shore up a fragile recovery in the economy. Following are analysts' reactions to the decision: PHILIP RUSH, NOMURA "We still doubt how effectively the second dose of quantitative easing in this second course of treatment will boost growth. "The MPC would likely claim growth would have been much weaker without its actions, and cite the subsequent turnaround in the data as evidence of effectiveness, despite there being a coincident global recovery. ...
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