Pantheon Macroeconomics - So far, the MPC has been more timid with unconventional stimulus than other central banks. At the end of May, central bank reserves equalled 29.7% of four-quarter rolling GDP in the U.K., compared to 32.7% in the U.S. and 46.7% in the Eurozone.

U.K. | 8 June 2020 Will the MPC Swap Its QE Machine Gun for a Bazooka?
So far, the MPC has been more timid with unconventional stimulus than other central banks. At the end of May, central bank reserves equalled 29.7% of four-quarter rolling GDP in the U.K., compared to 32.7% in the U.S. and 46.7% in the Eurozone.

Sorry, but our website is best viewed on a device with a screen width greater than 320px. You can contact us at: info@pantheonmacro.com.

8 June 2020 Will the MPC Swap Its QE Machine Gun for a Bazooka?

By Samuel Tombs

So far, the MPC has been more timid with unconventional stimulus than other central banks. At the end of May, central bank reserves equalled 29.7% of four-quarter rolling GDP in the U.K., compared to 32.7% in the U.S. and 46.7% in the Eurozone.

Posted: 8th Jun 2020 in 'U.K.'

This document is only available to subscribers of our UK Economic Research.

Request a complimentary trial or login here

Are you taking full advantage of our daily publications?

Pantheon Macroeconomics produce daily publications for U.S., Eurozone, Latin America, UK and Asia, as well as analysis on key data within a few minutes of their release. To activate a complimentary trial on any of these areas, please click here.

U.S. Economic ResearchEurozone Economic ResearchLatin America Economic ResearchUK Economic ResearchAsia Economic Research

« Go back to publications list, or Click here to register for a complimentary trial
Consistently Right

Access Key Enabled Navigation

Keywords for: U.K. | 8 June 2020 Will the MPC Swap Its QE Machine Gun for a Bazooka?

April, April cpi, asset purchases, August, BoE, bonds, borrowing, brexit, budget, central bank, committee, consumer, consumer confidence, covid-19, cpi, cpi inflation, December, deficit, depreciation, e.u., ECB, economy, fed, finance, fiscal policy, gdp, gilt, governing council, income, inflation, investors, June, low inflation, March, markets, May, monetary, monetary policy, mpc, pmis, policy, public sector, q3, qe, remain, September, supply, surveys, trade, trade deal, treasury, u.s., yields, pantheon macroeconomics, pantheon, macroeconomic, macroeconomics, independent analysis, independent macroeconomic research, independent, analysis, research, economic intelligence, economy, economic, economics, economists, , Ian Shepherdson, financial market, macro research, independent macro research