Monetary Policy

QE programme has confused decision over rate rises


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IEA Economics Fellow, Julian Jessop, was quoted in a City AM long-read article on the effects of QE on the Bank of England’s decision whether to raise interest rates as inflation continues to grow.

Julian was quoted in the article saying: “The public finances are likely to be in a far better state than if official rates remain at 0.1 per cent because we are back in a deep recession.”

Read the full article here.



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