More QE to come this year? Industry reacts to £100bn expansion
Dissenting voice on QE raises questions
The Bank recently voted to increase its quantitative easing programme
The Bank of England's Monetary Policy Committee (MPC) announcement that there would be no change to rates but a quantitative easing (QE) increase of £100bn to a total bond purchase target of £745bn came as "no surprise" to the industry, according to some commentators, although others warn more "unconventional" monetary policy could be round the corner.
Neil Birrell, CIO at Premier Miton, said: "There is nothing in this for the markets to react to, but the increase in the bond purchases shows that central banks will keep going to the well to support the...
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