Bank of England may need fresh QE of up to £175bn, senior policymaker says

The Bank of England has a case for restarting its quantitative easing (QE) programme, and may need to purchase assets worth as much as £175bn if the economy is running substantially below capacity, a senior policymaker has said. In a speech on Thursday, David Miles gave a detailed model of how po…

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Bank of England may need fresh QE of up to £175bn, senior policymaker says

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