QE One Year On - speech by Spencer Dale

In a speech today at an academic conference in Cambridge, Spencer Dale - member of the Monetary Policy Committee and Chief Economist - examines the policy of buying assets using the Asset Purchase Facility, known as quantitative easing (QE).
Published on 12 March 2010

He reviews the theoretical foundations for QE, the key channels of transmission, and its impact to date.

PDFPress release


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