Update.
As expected.
"Indeed, the MPC (A050540.KQ - news) 's preferred measure of the money supply (M4 excl. intermediate financial companies) fell by 0.7 percent month-on-month, following a similar drop in September. A strong economic recovery does not look likely when this measure of money is still falling, let alone rising at the 6 percent to 9 percent annual rates the MPC is looking for."
http://uk.finance.yahoo.com/news/instant...
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