THE IMPACT OF QUANTITATIVE EASING
Fund Actuary reports on Quantitative Easing
Thu Mar 26 2009
The Fund has published a short paper produced by the Fund Actuary, Mercer, which provides additional background commentary on the Quantitative Easing (QE) policy announced recently by the Bank of England, and its impact on pension schemes.
Although markets were aware of the likely steps by the Bank of England to implement a policy of Quantitative Easing by buying up debt, the extent and immediacy was unforeseen, as was the inclusion of long dated gilts in the purchases. The announcement had a marked immediate impact on yields.
Related Links
