Back in June, we were pretty much alone in forecasting that the MPC would expand quantitative easing (QE) by £100bn at its meeting on 5th November. That call looks on track, and most other forecasters have now come round to our view. But we think that the consensus is still underestimating how much more QE the MPC will announce in 2021. We expect the Bank to expand QE by a further £150bn by the end of 2021.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services