Bank report may signal QE wind down
LONDON (Reuters) - Inflation will hit its 2 percent target and growth will return in the medium term, new Bank of England forecasts are expected to show on Wednesday, signalling the economy is ready to be weaned off its stimulus. The forecasts will have underpinned the Monetary Policy Committee's decision to halve the size of its latest cash injection to 25 billion pounds from the unexpectedly generous 50 billion it pumped into the economy between August and October.
iii.co.uk
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