Pantheon Macroeconomics - The case for the MPC to extend its asset purchase programme into 2021 is compelling. The mere 2.1% month-to-month rise in GDP in August has left the Committee's September forecast for Q3 GDP to be 7% below its Q4 2019 peak looking too sanguine; and note that this was revised this from the 8.6% shortfall forecast in August's Monetary Policy Report.

U.K. | 2 Nov 2020 QE Extension Now Very Likely this Week, Given the Second Lockdown
The case for the MPC to extend its asset purchase programme into 2021 is compelling. The mere 2.1% month-to-month rise in GDP in August has left the Committee's September forecast for Q3 GDP to be 7% below its Q4 2019 peak looking too sanguine; and note that this was revised this from the 8.6% shortfall forecast in August's Monetary Policy Report.

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2 Nov 2020 QE Extension Now Very Likely this Week, Given the Second Lockdown

By Samuel Tombs

The case for the MPC to extend its asset purchase programme into 2021 is compelling. The mere 2.1% month-to-month rise in GDP in August has left the Committee's September forecast for Q3 GDP to be 7% below its Q4 2019 peak looking too sanguine; and note that this was revised this from the 8.6% shortfall forecast in August's Monetary Policy Report.

Posted: 2nd Nov 2020 in 'U.K.'

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