BOE Dale: QE Doesn’t Have Diminishing Returns; Impact Varies

It is economically illiterate to argue that quantitative easing will have diminishing returns, but its impact does vary according to the prevailing conditions, Bank of England Chief Economist Spencer Dale says. Speaking at the Royal Economic Society’s Annual Conference here Dale said that QE may …

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BOE Dale: QE Doesn’t Have Diminishing Returns; Impact Varies

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