ECONOMIST VIEWS: WILL THE MPC MOVE TO INCREASE QE THIS WEEK?

SIMON HAYES | BARCLAYS CAPITAL
"In the context of a policy stance that is already exceptionally loose... a further loosening would seem odd. I expect no change in policy... and continue to believe a three-way split is likely to persist for several months to come."

PETER DIXON | COMMERZBANK
"The chances of a near-term expansion of QE have receded. With a sharp contraction of public sector demand likely to subtract from growth in the next couple of years, the issue of further QE will not fade from the agenda."

MICHAEL SAUNDERS | CITIGROUP
"The MPC is unlikely to change policy... and its decision should not be greatly influenced by the Fed’s decision the previous day. QE remains an option if the economy does weaken sharply, but I doubt it will be needed."