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BoE's Fisher says may hold off on more QE

Bank of England policymakers have been its biggest supporters more bond purchases last Sunday in an interview with reporters , said the bank can accommodate pumping more money into the economy , and if the new long-term planning guidance .
When asked whether he had given up quantitative easing (QE) program , Paul Fisher was quoted in the Sunday Times said: "I do not think the need to rebuild their balance sheets have disappeared, if long-term guidance provides more confidence , it may be that we can carry out the quantitative easing policy until it falter or something else happens . "
The Bank of England has spent 375 one billion pounds ( $ 58.608 billion ) , the UK government bonds and keep interest rates at a record low of 0.5% , to support the economy after the financial crisis .
Fisher hit more quantitative easing in 2013 most of the time , but in the last two meetings . Some economists have been speculating that he and senior decision-makers David Myers at last week's policy meeting recover more quantitative easing vote.
Since late last year , the Bank of England policy makers voted against the majority of new bond purchases .
Bank of England Governor Mark Carney (Mark Carney), who is responsible for the policy of the central bank in July , giving a clear sense that interest rates will not rise for a long time . This is to boost confidence and encourage consumption and investment , and help recovery.
Fisher said early indications show that households and businesses "message " policy. Market may need more persuasion and education , despite the bank "has become a great back and forth ," they do not want , he said.
"The market that this will take time , this is how it is, " Fisher said . " Some contacts said , it is complicated , but it is not a complex policy .
"It may be very complex person hold office - if we just said , we will not change the interest rate for three years and it will be very easy to take the opposing view ."
Carney said last month, the bank did not raise interest rates before the unemployment rate fell to 7 % of the plan - the things he predicted will have to wait until the end of 2016 . However, the market suspect this time scale , and made their expectations , the first rate rise.
Fisher said , the bank's executive director , stronger market data , the survey shows that in recent months " policy has finally kicked ."
 



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