Is This the End of the Bank of England’s Quantitative Easing Programme?

[kreslik.news]

This article was written by Neil Crammond, Director of Risk Management at Avem Capital Limited.

In March 2009, the Bank of England (BoE) began a large-scale purchasing programme of the UK government’s medium and long-term gilts. The BoE decided to launch its quantitative easing (QE) programme to rescue the sagging UK economy with the influx of hundreds of billions of ‘printed’ money.

However, the initial goals of any QE programme are, among others, to boost asset prices, manage inflation, reduce returns on savings and increase the supply of money in the economy. At first the programme had many supporters and all the ... (read more)