I posted earlier on Weale’s comment that he can envisage circumstances where further QE may be needed, reported in the UK Telegraph.
The article is here, with more details:
- he could “certainly envisage circumstances in which it would be sensible to undertake further asset purchases” on top of the Bank’s recently announced policy of “forward guidance”.
- circumstances might include further shocks from the eurozone or, with fresh turmoil in emerging markets
Adam posted on a potential cable breakout, here