We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Not yet wise

10 March 2009 By Edward Hadas

The UK central bank is using newly created money to buy up UK government debt. The bondbuying pushes yields down now, but the moneyprinting increases the risk of inflation later. Bond buyers still live in hope that inflation will never come. Currency markets are less persuaded.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)