FT Alphaville » Blog Archive » Where’s our QE?
This is vital – it needs to be done through a joint BoE and Treasury effort.
While Chancellor Alistair Darling has already given the go-ahead for purchasing up to £50bn in financial assets (sterilised qualitative easing), King is still pursuing authorisation for up to £150bn of unsterilised reserve-funded asset purchases – quantitative easing.