Bank of England policy makers have the opportunity on Thursday to signal to investors and economists whether they’re right to predict more monetary stimulus this year. While no change to the bond-buying program or interest rates is expected when the decision is published at noon in London, the vote split and minutes of the meeting will be critical for insight into the Monetary Policy Committee’s intentions. Market expectations are that quantitative easing will be expanded again in November, and rates could be cut to zero or lower next year. The outlook is clouded by heightened uncertainty though, centered on three ... (full story)