MPC to pause now that more QE is in train

There is little reason for the Monetary Policy Committee (MPC) to alter the current course of asset purchases under its quantitative easing (QE) programme. After all, it was only last month that it extended the programme by £50bn to a total of £125bn. But there have been plenty of signs over the past month that the Committee thinks that even more QE might yet be needed further ahead.

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