2012-09-08reuters.com

``Earlier this week, the Bank of England voted to stick to its current target of buying a total 375 billion pounds of government bonds with newly created money by November, and many economists expect another dose after that.

Britain's economy is slowly crawling out of its second recession since the onset of the financial crisis in 2008, but the central bank -- like most other economists -- does not expect a vigorous recovery anytime soon.

Inflation meanwhile has fallen from its peak of 5.2 percent in September to 2.6 percent in July. The central bank sees inflation falling further towards its 2 percent target later this year, although a recent rise in oil and commodity prices poses new risks.''



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