Thursday, 4 February 2010

End of Quantitative Easing?

The Bank of England announced today that it would put on hold its policy of Quantitative Easing.  The Bank has left the door open for starting the programme again, should the economic environment deteriorate.  Given the current economic environment, this is not likely. 

The Bank is unlikely to make few major announcements until after the General Election, but there is a good chance that interest rates may start to rise before the end of the year.

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