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MPC decision

Last post Thu, Nov 05 2009, 12:17 PM by Graeme Delap. 1 replies.
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  •  Thu, Nov 05 2009, 12:17 PM

    Re: MPC decision

    No change - as you were! I really didn't see that coming ;)

    But there is an extra £25bn in quantitative easing to boost lending and help the economy - that takes the total to £200bn...

    You can hear what the experts think in our live webchat at 1pm: You and your money.

    But what do you think?

    • Post Points: 5
  •  Thu, Nov 05 2009, 9:11 AM

    MPC decision

    Well, here we are again...another day, another Monetary Policy Committee decision on the base rate...

    Would anyone like to hazard a guess at today's announcement?! It seems to me we'll be seeing 'no change' for quite some time.

    There's a bit of extra interest today as the Bank of England is going to announce if they're going to continue with their quantitative easing measures and add to the £175bn they've already pumped into the economy to 'keep Britain moving'.

    Is it working? Should they continue to print money and buy assets to stimulate the economy? Or is it time they tried a different approach?

    • Post Points: 5