Export companies have been hurt because the Bundesbank only belatedly anticipated that while the ECB sat on its hands, the Bank of Japan would adopt an aggressive quantitative easing
program of its own, aimed at lowering the yen in world currency markets.
Since the global debt crisis of 2008, central banks in the US, Japan and the UK have embraced policies of quantitative easing
, designed to expand currency supplies and keep interest rates low to encourage economic and job growth.
The research house attributed the growth to the minimal adverse effects on the real economy from the US Federal Reserve's quantitative easing
tapering, as well as upward momentum anticipated from the global trade and economic expansion.
The report that was published on the magazine's website today showed that gold market trading is under the pressure of uncertainty of the exact date for decreasing US quantitative easing
policies, valued at USD 85 billion monthly.
The leaders present at the meeting reiterated that Japan's quantitative easing
is not a foreign exchange policy and should be aimed at ending deflation and reviving domestic demand.
Britain's economy will barely grow over the next four quarters, according to a Reuters poll of economists, meaning the Bank of England is likely to pump billions of pounds more into it via quantitative easing
Federal Reserve announced additional quantitative easing
Cameron and Osborne have released pounds 50bn of quantitative easing
into the British economy making private pension annuities shrink.
5 per cent while the Bank's quantitative easing
programme remained at pounds 275 billion following the increase of pounds 75 billion in October.
I have not heard anyone suggesting quantitative easing
actually inhibits the growth of the economy, that it fails to provide support," he added.
Ben Broadbent, who joined the Bank's Monetary Policy Committee (MPC) in June, added he was "reasonably close" to voting for increasing the Bank's quantitative easing
programme, a move which in itself would lower the value of the pound.
The Chamber said the Bank of England should now seriously consider introducing another round of quantitative easing
if growth figures did not begin to accelerate.