Bank of England Re-Joins the QE Parade with Additional 75B Pounds
October 06, 2011 at 08:56 AM EDT
The Bank of England returned to the QE market, for the first time since 2009, by raising the amount of its asset purchase program from 200B pounds to 275B pounds. 75B pounds is about $115B US dollars. While we have been conditioned to big numbers and hence this doesn’t ‘feel’ like a huge amount, relative [...]
