Monetary policy shift announcement expected in Autumn Statement



A major change in economic policy away from quantitative easing is expected to be announced in the Autumn Statement, with Theresa May having criticised its "bad side effects".
The Prime Minister is said to be backing a move away from monetary policy like quantitative easing and low interest rates towards more fiscal measures, such as tax and spending.
Reports on BBC Newsnight suggest the policy could be unveiled as early as the Autumn Statement.
This was seemingly confirmed by Tory MP George Freeman, chairman of the Prime Minister's policy board.
Mr Freeman told Newsnight:... read more

 
6 October 2016 in Regional East, Views: 47
Source: Belper News
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