Mixed signals make Bank's decision tricky

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The Independent Online

Strong evidence of recovery in the service sector emerged yesterday, as the Bank of England's Monetary Policy Committee prepared to make its announcement, at noon today, about an extension of its quantitative easing strategy of injecting money into the economy.

Economists predict a boost of at least £50bn, taking it beyond £200bn in total, largely because the economy appears to have been stuck in recession.

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