More QE unlikely this month, despite remit change

The minutes of March’s Monetary Policy Committee meeting suggested that those against doing more QE will not have their minds changed easily. And the remit change in the Budget ended up being fairly vague, with the key decision on forward guidance kicked into later this year. So more quantitative easing (QE) seems unlikely at the upcoming meeting. But more stimulus should be on its way soon – although we may have to wait for Mr Carney to arrive first.