http://www.telegraph.co.uk/finance/e...crease-QE.html
The move to pump more newly created money into the economy through the purchase of Government bonds and other assets would follow a stream of worse-than-expected economic data in recent days, and a lack of evidence that the programme of quantitative easing is having the desired effect.
"QE is not yet achieving its aims. The amount of money held by companies, and lending to businesses, both fell in May. More forceful measures are needed to nurture confidence," said David Kern, chief economist at the British Chambers of Commerce (BCC).
The MPC has so far committed to spending £125bn on QE, £25bn short of the £150bn authorised by the Chancellor. The BCC called for the ceiling to be lifted to £200bn.
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The move to pump more newly created money into the economy through the purchase of Government bonds and other assets would follow a stream of worse-than-expected economic data in recent days, and a lack of evidence that the programme of quantitative easing is having the desired effect.
"QE is not yet achieving its aims. The amount of money held by companies, and lending to businesses, both fell in May. More forceful measures are needed to nurture confidence," said David Kern, chief economist at the British Chambers of Commerce (BCC).
The MPC has so far committed to spending £125bn on QE, £25bn short of the £150bn authorised by the Chancellor. The BCC called for the ceiling to be lifted to £200bn.
Buy shares in paper and ink manufacturers.
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