Getting Credit Flowing: A Non-Monetarist Approach to Quantitative Easing - speech by Adam Posen

Speaking at Cass Business School, London, Dr Posen argues that the impact of unconventional monetary policy on the economy is likely to be positive even though it is not possible to be precise about the size or timing of its impact. He says there is no evidence to support the conclusion that quantitative easing will lead to unacceptably high inflation.

Press release