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ANALYSTS’ VIEWS: IS THE BANK OF ENGLAND LEANING TOWARDS MORE QE?
PHILIP SHAW | INVESTEC
“We envisage the MPC restarting QE and see little reason to wait until November’s forecasting round. Expect the go ahead next month.”
SAMUEL TOMBS | CAPITAL ECONOMICS
“This week’s public debt figures should show the fiscal consolidation process being hampered by weak growth. That underlines the need for QE.”
PHILIP RUSH | NOMURA
“MPC members who are closest to backing QE are still talking about it in terms of a response to risks crystallising, rather than as a base case scenario.”