Summary
THE debate taking place in recent weeks had been around not would the Monetary Policy Committee raise or reduce interest rates this month, but whether they would vote to reintroduce their programme of monetary stimulus which is known as Quantitative Easing (QE).
The Bank of England base rate has remained unchanged, but the decision has been made that a further Pounds 75 billion of new money will be injected into the economy through the purchase of assets including government bonds.See the full content of this document
Extract
As Quantitative Easing (Qe)
With the UK's underwhelming second quarter, gross domestic product figures are actually being revi...
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