BoE must improve understanding of QE – report
Lack of understanding has prevented BoE’s ability to build public trust in new policy tool, report says
The Bank of England must continue to improve its understanding of its own quantitative easing programme, says a report from its Independent Evaluation Office.
The IEO report also says the BoE needs to ensure that its governance around QE problems remains fit for the task, and makes detailed recommendations on how it should improve its communications around QE, both to the general public and specialised audiences.
The BoE says it welcomes the IEO’s recommendations and committed to ensuring it
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