That cannot happen again, particularly in issues such as quantitative easing.
On its own, another £50 billion of quantitative easing is not going to do the trick.
Quantitative easing has not yet fed through to the rest of the economy.
Much later, Japan tried its own version of quantitative easing, starting in 2001.
The "cost of quantitative easing is free" to the taxpayer.
What we got instead was not one but possibly two new doses of "quantitative easing".
We can expect inflation to hold up with the ongoing quantitative easing.
And quantitative easing is how you do that when you can't cut interest rates any more.
Quantitative easing has already, reportedly, added 1.5 per cent to the inflation rate.
Lower inflation would support the case for more quantitative easing, should the Bank deem it necessary.
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