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What RBS's results say about QEIf you want to know why quantitative easing may not be working - in the sense that it hasn't led to a conspicuous increase in lending - this morning's financial results from Royal Bank of Scotland give a pretty good clue. I'll explain. In simplified terms, q... |
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QE: More to do?For once, the Monetary Policy Committee has pulled off a positive surprise. When the Bank's policy-making committee said last month that they wanted to wait and see before deciding to continue with quantitative easing, the markets reeled at the policy's "imminent" demi... |
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QE lives on...A pause, but not an end. If the Bank of England's Monetary Policy Committee today decides not to inject any more money into the economy this month, many will say that the experiment with quantitative easing is at an end. Or at least that it is on pause. But that... ... |
