UK doesn’t need more QE: former MPC members

bank-of-england2

The British economy is not yet in straits so dire as to warrant a second round of quantitative easing, three former members of the Bank of England's Monetary Policy Committee (MPC) said Tuesday.

Sir John Gieve, DeAnne Julius, Rachel Lomax agreed that the Bank would be wrong to embark on a second round of asset purchases, and one of the three - Julius - believed conditions necessitated a quarter-point hike.

Julius, an external member from 1997 to 2001, said at an event held by Fathom, a consultan

To continue reading...

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: