The Bank of England today released the minutes from the Monetary Policy Committee meeting earlier this month that showed two members wanted to see an addition of £75 billion to the asset purchase programme.
The result of the February 8–9 meeting was a £50 billion boost to the quantitative easing programme in the UK. This was because the remaining seven members of the committee, including Mervyn King, governor of the central bank, were in favour of the lesser amount.
Notorious dove Adam Posen was
- Fintech in the ‘new era’ – Sustainable and sound development
- China’s macroeconomy in the ‘new era’ of politics and power
- A route to economic growth – The Belt and Road Initiative 2018 survey
- Policymakers should act now to prevent next crisis – IMF panellists
- ‘Regulatory equivalence’ not enough for post-Brexit UK CCPs – Cœuré