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The Bank is today publishing a pamphlet to help explain quantitative easing to businesses and others. The pamphlet - 'Quantitative Easing Explained' - explains the policy, why it is needed and how it is expected to work, along with how the MPC is monitoring its effectiveness and how the stimulus can be removed when it is appropriate to do so. Those members of staff not closely involved in monetary policy will also probably find the pamphlet of interest. It is available via the link below.
The pamphlet is being published ahead of a national seven-day tour by Charlie Bean starting on Monday