City A.M. shadow MPC votes

ALLISTER HEATH | CITY A.M.

"There should be no more QE. With signs of increasing confidence in the economy, and growing output, now is not the time to take a risk on even further monetary easing."

GRAEME LEACH | INSTITUTE OF DIRECTORS

“There's no need to change monetary policy at present. We need to wait and see if broad money growth can be sustained. Any change now would be a leap in the dark.”

SIMON WARD | HENDERSON

“Hold rates. Monetary conditions are highly expansionary and the economic outlook is the best since 2005-06. Further policy easing should be out of the question.”

GEORGE BUCKLEY | DEUTSCHE BANK

“Over recent months there have been clearer, though still tentative signs of recovery. This suggests no further policy easing in lower rates or more QE is needed, for the time being at least.”

VICKY PRYCE | EX-GOVERNMENT ADVISER

“Keep interest rates at 0.5 per cent but raise QE by £25bn. The economy is showing signs of improvement but it is still vulnerable and could do with more support.”

VICKY REDWOOD | CAPITAL ECONOMICS

“Hold interest rates but do £25bn more QE. Despite signs of a recovery, it is still very weak given how deep the recession was and needs more monetary support to ensure it takes hold.”

TREVOR WILLIAMS | LLOYDS BANK

“Signs are the economy has formed a spring board for recovery, with one per cent growth looking likely this year. Policy should remain on hold to see how the second half of 2013 develops.”

ROBERT WOOD | BERENBERG BANK

“£50bn more QE and commit to keeping interest rates low. Now is the time for monetary policy to continue to support the recovery, rather than watching it fizzle out again.

ROSS WALKER | RBS

“The past month has brought tentative signs of improvement in the output-inflation mix which, on balance, weighs in favour of maintaining existing policy settings.”