Are we in Line for More QE?

Before the release of todays GDP growth of 0.2%, a member of the Bank of Englands monetary policy committee, Martin Weale, said that the Bank would be ready to give more QE in order to stimulate more growth.

This is on top of the £200bn that has already been put into the economy and Weale said more would be needed if the economy slows. 

The U.S. central bank may well do a new round of QE. If they do that, the UK may well follow suit sooner rather than later.