Still going strong
UK bond yields are different to Japan
Sees no need for UK policy to follow Japan
Prefers other policy tools to negative rates
BOE does have a plan on how to phase out QE
BOE could go further on asset purchases if needed
Bank is still working on an estimate of a neutral rate
Neutral rate is likely to be low for a very long time
We would not think about reversing QE until bank rate is around 2%
All central bankers are worried about "too low for too long" but none of them have been asked to quantify that.
