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Bank of England decisions (Reduction of rate (for (Business surveys…
Bank of England decisions
Reduction of rate
for
Business surveys indicate low output(12)
slowing growth(15)
inflation below target(17)
wage growth below inflation(18)
lower demand and lower supply(25)
increase of unemployment(26)
inflation would go up either way(27)
spare capacity(29)
against
Q3 data not available(12)
high consumer confidence(14)
likely rapid inflation growth(17)
likely near term wage growth(19)
weak sterling
QE
for
buying government bonds reduce the cost of borrowing for consumers(33)
against
pension fund deficit(33)