-
International Monetary Fund warns on UK quantitative easing costs
The Bank of England's recession-busting policy of quantitative easing could end up costing the Treasury up to £80bn – more than outweighing any profits it will make from the scheme, according to new research by the International Monetary Fund. Policymakers have become increasingly concerned about their "exit strategy" from the unprecedented measures they have used to cushion their economies from the impact of the financial crisis over the past five years. In a study of the impact of "unconventional" policies, including the Bank's £375bn bond-buying programme, economists at the IMF found the Bank could ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- May 17, 2013 5:59am May 17, 2013 5:59am
- Marsfx
- | Joined Apr 2013 | Status: Member | 519 Comments
- Comment #2
- Quote
- May 17, 2013 6:05am May 17, 2013 6:05am
- surfbeach253
- | Joined Apr 2013 | Status: Member | 21 Comments
- Comment #3
- Quote
- May 17, 2013 6:10am May 17, 2013 6:10am
- Marsfx
- | Joined Apr 2013 | Status: Member | 519 Comments
- Comment #4
- Quote
- May 17, 2013 6:11am May 17, 2013 6:11am
- Marsfx
- | Joined Apr 2013 | Status: Member | 519 Comments
- Comment #5
- Quote
- May 17, 2013 6:15am May 17, 2013 6:15am
- cppolybd
- | Joined May 2012 | Status: Member | 800 Comments
- Comment #6
- Quote
- May 17, 2013 6:18am May 17, 2013 6:18am
- cppolybd
- | Joined May 2012 | Status: Member | 800 Comments
- Comment #7
- Quote
- May 17, 2013 6:49am May 17, 2013 6:49am
- Spreadbetter
- | Membership Revoked | Joined Feb 2012 | 3235 Comments
"The meek shall inherit the earth.." Yeah right, good luck with that shit..