EEF comment on March MPC meeting

Commenting on today's MPC decision, EEF Chief Economist, Lee Hopley, said:

"The MPC continues to face a mixed economic picture

with growth at the end of 2009 helped by stimulus measures that have now all but gone. An unchanged position at this point is the right one given the ongoing uncertainty about the strength of the recovery, with the reality that any moves could be on hold for some months to come."

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