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Page last updated at 07:07 GMT, Thursday, 9 July 2009 08:07 UK

Quantitative easing 'an easy option'

The Bank of England's Monetary Policy Committee is meeting to decide interest rates. But with rates unchanged at 0.5% for the last three months, the focus has shifted to the policy of quantitative easing. Monetarist economist Professor Tim Congdon and Liam Halligan, chief economist at Prosperity Capital Management, discuss whether the policy is working.

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