Continued pressures on the eurozone and an environment of falling inflation will prompt the ECB to lower interest rates from 1% to 0.5% this year, according to M&G's Stefan Isaacs.
We ask investment experts for their forecasts for 2012.
Troy Trojan fund manager Sebastian Lyon has expressed fears that the Bank of England has set down a path of continuous monetisation of government debt.
Bank of England governor Mervyn King has been asked by the Treasury Select Committee to explain his decision to inject a further £75m into the UK economy through quantitative easing (QE).
The Monetary Policy Committee(MPS) voted unanimously for an additional £75bn of quantitative easing at its latest meeting.