Pensioners are being left "permanently impoverished" by quantitative easing (QE) and analysis from the Bank of England (BoE) denying negative impacts is wrong, Ros Altmann has said.
The Bank of England's Monetary Policy Committee (MPC) voted unanimously to keep rates on hold and maintain QE at £375bn in August but expressed fears over sterling's continued appreciation.
The Bank of England (BoE) should expand its range of economic recovery measures, according to an outgoing member of the Monetary Policy Committee.
Eurozone economies are in critical danger and in dire need of expansive quantitative easing measures from the ECB, according to an International Monetary Fund (IMF) staff report.
Economists say the sharp drop in inflation announced today could justify a further round of quantitative easing by the Bank of England.
M&G's Richard Woolnough said the possibility of another £375bn in asset purchases by the Bank of England means gilt yields could remain at record lows for years to come.
The Bank of England (BoE) has extended its quantitative easing programme by £50bn, in a bid to get the UK economy out of recession.
The Bank of England is likely to pump another £50bn into the UK economy today, in the latest round of quantitative easing.
The drop in inflation announced yesterday has paved the way for the Bank of England to go through with another round of quantitative easing (QE) as early as next month, reports suggest.