monetary policy committee
The Bank of England’s Monetary Policy Committee (MPC) has increased its quantitative easing programme by £50bn as it looks to shore up the UK’s ailing economy.
The Bank of England will this week pump at least £50bn into the economy, according to a report in the Independent.
Fears of a period of prolonged inflation are “unfounded”, Monetary Policy Committee (MPC) member Adam Posen said, after UK inflation dropped sharply.
Other monetary policy committee articles
The immediate future of the UK economy will not be dependant on a further round of quantitative easing (QE), a member of the Bank of England's rate setting body said yesterday.
Sterling has dropped against the dollar after the latest MPC minutes revealed no calls for a rate hike and opened the door to further QE.
A group of 55 economists believes the Monetary Policy Committee will maintain interest rates at 0.5% this week, as manufacturing and services surveys show the UK economy is slowing.
Andrew Sentance has predicted inflation could rise above 5% this year and repeated his calls for a gradual increase in interest rates and cutting off of monetary stimulus.
Goldman Sachs European economist Ben Broadbent will replace Andrew Sentance as external member of the Monetary Policy Committee (MPC).
The Bank of England has maintained interest rates at 0.5% and kept its quantitative easing programme at £200bn.
Dr Andrew Sentance remains the lone member of the Bank of England Monetary Policy Committee to argue for an increase in interest rates.
The UK's overall GDP growth forecast is at "significant risk" if business investment is not as robust as the Office of Budget Responsibility (OBR) predicts, ministers warn.
Interest rates have been kept on hold at 0.5% by the Bank of England.
The Bank of England’s Monetary Policy Committee (MPC) voted unanimously to hold its quantitative easing programme and maintain interest rates at their historical low, its minutes reveal.
Previous Next 
Most read articles
Most commented articles
Viewpoints
At the start of one of busiest times of year it is easy to think about all the obvious things...
In Focus
Transferring clients’ assets between organisations can be a major headache – often time...
Latest jobs
Basic salary up to £22,000 + £5,000 OTE to really maximise your earnings: Moneyhelpline.com: We require two qualified and experienced Life Assurance Telesales Consultants to work in a new telesales department based in London London Bridge, SE1
Coffee Lounge
Not only is there a huge selection of games but why not try your hand at our Daily Sudoku
Secrets & lies: The struggle to whistleblow
Parents unaware of children's CI benefits
MP pledges to re-ignite long stop debate
“It’s a jolly sight harder staying independent than I thought”
Hargreaves Lansdown delivers record £72m profits