Summary
FOR central bank policymakers, the key dilemma remains: what is the greater risk: acting boldly and doing too much, or acting cautiously and doing too little?
The economy is still highly fragile. But, despite growing expectations that the Bank's monetary policy committee would go full throttle and boost its quantitative easing programme by GBP 50 billion, it has opted instead for a more modest GBP 25bn.See the full content of this document
Extract
Analysis: Still Walking a Tightrope
It indicates that the economy is still in need of a boos...
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