Bank of Japan increases asset purchase programme
The Bank of Japan (BoJ) has extended its asset purchasing programme by 10 trillion yen ($126bn; £78bn), following similar moves
UK inflation rate falls to 2.4% in June 2012
The Consumer Prices Index (CPI) measure of inflation fell to 2.4% in June, down from 2.8% in May, according to
The Bank of England launched a third round of quantitative easing (QE)
The Bank of England has announced it will pump a further £50bn into the UK economy over the next four
UK interest rates unchanged at 0.5%
The Bank of England has kept UK interest rates at 0.5% and announced no expansion to its quantitative easing (QE)
What is quantitative easing?
Quantitative easing (QE) is the Bank of England’s scheme to boost the economy by buying government debt. Essentially the Bank