As predicted, the Bank of England is ready to restart the money printing presses once again, possibly as early as next month.
Today's release of the Monetary Policy Committee minutes state that it is:
increasingly probable that further asset purchases to loosen monetary conditions would become warranted at some point ... for some members, a continuation of the conditions seen over the past month would probably be sufficient to justify an expansion of the asset purchase program at a subsequent meeting.
So there you have it ... more of the same.
