IMF plays down quantitative-easing fears
The Bank of England's quantitative easing strategy is neither guaranteed to succeed nor as risky as some of its critics claim, new research from the International Monetary Fund posits.
The research notes that quantitative easing will prove a helpful extension of the Bank's usual monetary policy toolkit, not all-powerful or entirely risk free, but adequate to ensure price stability under the current extraordinary circumstances.
Click here to read the paper
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