Policymakers of the Bank of England decided to retain the size of quantitative easing unchanged in a split vote, the minutes of the meeting showed Wednesday.
Four members of the Monetary Policy Committee sought more stimulus, while five members voted to maintain the QE intact at GBP 325 billion.
BoE Governor Mervyn King, David Miles and Adam Posen called for an increase of GBP 50 billion and Paul Fisher preferred to increase the stimulus by GBP 25 billion.
Regarding the interest rate, the MPC unanimously voted to hold it at a record low 0.50 percent.
"Some other members judged that there was already a sufficiently compelling case for providing a further monetary stimulus in the form of some additional asset purchases immediately," the minutes showed.
Further, members acknowledged that further stimulus is likely to become warranted at some point.
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