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Bank To Hold Off On Qe - Reuters Poll

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Bank to hold off on QE - Reuters poll
Jonathan Cable, 14:30, Tuesday 9 November 2010
LONDON (
Reuters
) - The Bank of England is unlikely to follow the United States' lead and inject further cash into the money supply but it is still a close call as the recovery remains fragile, a Reuters poll found on Tuesday.
The poll of around 50 analysts, taken over the past week, predicted quarterly growth of between just 0.3 and 0.6 percent over the next year, a sharp slowdown from the 1.2 and 0.8 percent growth seen in the past two quarters, respectively.
The latest growth figures surprised markets with their strength, and surveys indicating that manufacturing and service sector activity is still growing may have swayed analysts' views away from further quantitative easing (QE).

If all the troubles, and our 10TR debt, is allo behind us then why should the bank print money? The speed at which the world is recovering makes all QE redundant and I suspect Bernake won't have to draw on anymore QE by Crimbo. So much debt and so easily dealth with by natural growth and return to production.

How quickly doom turns to sunshine! Blue skies ahead folks.

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  • 238 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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