MPC overrules King to hold QE at £325bn

clock

The Bank of England's Monetary Policy Committee voted five to four to maintain quantitative easing at £325bn this month, overruling the governor and three colleagues who called for further expansion.

The minutes from the Committee's last meeting in June show five members of the MPC - including Charles Bean and Paul Tucker - opted to maintain QE at its current level. Mervyn King (pictured), D...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

Border to Coast private markets programme surpasses £23bn

Border to Coast private markets programme surpasses £23bn

LGPS pool said it has enabled access to the programme for 17 of its partner funds

Holly Roach
clock 12 August 2026 • 1 min read
BT Pension Scheme and Brightwell extend servicing mandate with Northern Trust

BT Pension Scheme and Brightwell extend servicing mandate with Northern Trust

Brief includes custody as well as investment operations and derivatives outsourcing

Jonathan Stapleton
clock 12 August 2026 • 1 min read
Third-party evaluators complete majority of fiduciary manager searches

Third-party evaluators complete majority of fiduciary manager searches

IC Select says fiduciary management market has entered a more ‘mature’ phase

Martin Richmond
clock 11 August 2026 • 3 min read
Trustpilot