BoE cuts rates by 50bps to 0.5%…
…along with £75bn of quantitative easing which is expected to increase M4 money supply by 3.5%.
And so it begins.
Here’s a nice table from Dresdner:
…along with £75bn of quantitative easing which is expected to increase M4 money supply by 3.5%.
And so it begins.
Here’s a nice table from Dresdner: