A much bigger QE boost would have been in order, says BoE's Miles

Monetary Policy meeting

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Monetary Policy meeting and press conference at the National Bank of Rwanda. From kigaliwire.com

A much bigger QE boost would have been in order, says BoE's Miles
While BoE Governor Mervyn King said that the government's move was tantamount to a small loosening of monetary policy and that the MPC had taken it into account, Miles is the first policymaker to say explicitly that it changed his decision. Opposition …
Read more on Gulf Times

Why Is CBN Fighting Inflation and Not Stunted Growth?
The Monetary Policy Committee of the Central Bank of Nigeria (CBN) may have stirred the hornet's nest with the retention of a tight monetary rate at its meeting last week as analysts reckon that the tight policy may have outlived its usefulness in the …
Read more on AllAfrica.com

Tight monetary policy among other things impact growth: FM
Tight monetary policy among other things impact growth: FM. Attributing the economic slowdown to various factors, including Reserve Bank's tight monetary policy, the government today said that it has been taking steps to promote investment and growth.
Read more on Moneycontrol.com

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