ECONOMIST VIEWS:?WILL THE MPC EXPAND QUANTITATIVE EASING?
PHILIP SHAW | INVESTEC
The MPC is nervous about high inflation and recent brighter news on the economy would likely have to swing sharply into reverse to prompt the committee to restart QE.
ANDREW GOODWIN | ERNST & YOUNG ITEM CLUB
Further QE is only likely if there are more tangible signs that the recovery is relapsing. Equally policy is unlikely to be tightened any time soon given the number of risks to the outlook.
MICHAEL SAUNDERS | CITIGROUP
Sticky inflation data and decent GDP growth will persuade the MPC that extra QE is not needed in coming months as well. We do not expect the MPC to hike in the near term either.