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SMPC also worried about fiscal crisis - members call for a new Medium Term Financial Strategy
SMPC split on approach to QE but want interest rates to stay at 0.5%
SMPC votes six to three against an increase in interest rates against grim fiscal background
SMPC divided on QE but united in serious concerns about government fiscal policy.
Bank capital regulations may blunt QE
SMPC members want to continue QE but warn of serious problems
Majority vote for QE extension but reservations expressed by some members
SMPC majority argue for continued low interest and for QE to continue
No major change to current policy required
Bank rate should be held at 0.5%
Keep bank rate the same and continue with QE, argue SMPC
QE welcomed, but not without reservation
SMPC members call upon Bank of England to explain its exit strategy
Quantitative easing should be pursued for now but should be rapidly unwound when necessary
SMPC wish Bank of England to hold interest rates but pursue quantitative easing
SMPC votes to hold interest rates but supports measures to stop collapse of money stock
SMPC votes six to three to hold rates
SMPC votes for interest rates to be cut to 2%
SMPC vote seven to two for an immediate cut and also support further easing of policy in the future
SMPC changes direction to support interest rate cut by seven votes to two
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