The Monetary Policy Committee (MPC) has made it clear that it wants to wait until November before re-assessing its programme of asset purchases, so today’s no-change decision was of little surprise. But with the economic recovery fragile and quantitative easing (QE) still doing little to boost the broad money supply, next month could see the Committee up the amount of money it is pumping into the economy to some £200bn or more.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.