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2012-05-19 — telegraph.co.uk
Known as an arch dove, in favour of looser monetary policy, Mr Posen had repeatedly called for more quantitative easing (QE) until he unexpectedly voted against an extension to the £325bn programme in April.
"I had been hopeful in the last few months that after we did an additional £125bn [of QE] that was getting close to enough. Now I'm debating whether I was premature to think that," he said yesterday .
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