Archive for quantitative easing

Business lending levels continue to plunge

There are scant signs that the Bank of England’s drastic programme of quantitative easing is working economists warned after figures showed that lending to businesses is still plunging while levels of money flowing around the economy are dropping.

Tim Geithner: recession will be over within months

US Treasury Secretary says there is a “very strong chance” of economic growth returning in the coming quarters.

Bank of England’s Monetary Policy Committee considering expanding quantitative easing to £150bn

The Bank of England’s Monetary Policy Committee could expand its quantitative easing QE programme from £125bn to £150bn or more on Thursday as it weighs up the prospects for economic recovery at its July meeting.