Quantitative easing only one week to run, economists warn – Telegraph

Via Quantitative easing only one week to run, economists warn – Telegraph.

The unprecedented programme of quantitative easing could be coming to an end, with just one more week of the Bank of England buying back government bonds, economists warned.

The Monetary Policy Committee has a target to pump £125bn of cash directly into the economy by buying government and corporate debt, the process known as quantitative easing (QE), and has already gone above £120bn. This week will see it reach £125bn, according to Michael Saunders, chief western European economist at Citigroup.

Written By
More from Steve Baker
The injustice of easy money is going mainstream
The Daily Mail reports Interest rates: How keeping them at a record low...
Read More
0 replies on “Quantitative easing only one week to run, economists warn – Telegraph”