Quantitative Easing - February 2009

27 Feb 2009

RBS Chief Economist calls for no cut in BBR but an early introduction of QE........he got the latter but not the former and has been at pains to “warn” that this could be part of a high risk strategy in that the inflationary pressures could start to build rapidly. Yet RBS predicts BBR now staying at 0.5% until the end of 2010.