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Quantitative Easing

Volume 495: debated on Tuesday 7 July 2009

To ask the Chancellor of the Exchequer what assessment his Department has made of the scale of quantitative easing undertaken by the (a) US Federal Reserve and (b) European Central Bank. (283586)

Monetary policy in the euro-area and United States are matters for the European Central Bank and Federal Reserve respectively. It is not for the Government to comment on their specific policy decisions.