Policymakers will also announce plans to start selling the £850bn mountain of government debt amassed through a bond-buying programme during the pandemic and financial crisis.
Mr Bailey has suggested the Bank will try to sell between £50bn and £100bn of bonds in the first year, starting this Autumn.
Because QE will never be reversed therefore the national debt isn’t very high and we can carry on printing money to solve all societal problems and Spudnomics now wholly and completely works.
Hmm? What’s that? QE will be reversed?