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Double-dip recession fears may lead monetary policy committee to act this week
the Guardian
Sunday 2 October 2011
The Bank of England will agree this week to spend another £50bn of electronic money in a bid to boost bank lending and aid the recovery, City experts predict.
The threat of a double-dip recession will force the bank's monetary policy committee (MPC) to set aside fears about inflation to increase its programme of quantitative easing (QE) from £200bn, with the possibility of rising to £300bn if the economy fails to improve in 2012.
For article GO HERE
the Guardian
Sunday 2 October 2011
The Bank of England will agree this week to spend another £50bn of electronic money in a bid to boost bank lending and aid the recovery, City experts predict.
The threat of a double-dip recession will force the bank's monetary policy committee (MPC) to set aside fears about inflation to increase its programme of quantitative easing (QE) from £200bn, with the possibility of rising to £300bn if the economy fails to improve in 2012.
For article GO HERE
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