Source: The Financial Times
Policymakers at the Bank of England are to discuss a further injection of cash money into the economy, pushing back the prospect of a rise in interest rates from the all-time low of .5%
So far 200 billion has already been injected. This will be the second cash injection and is therefore known colloquially as QE 2, a reference to the process, quantitative easing.
Southerly, point five,
easing more slowly; money
shipping forecast.
Quantitatively,
QE2, big ship's really
a great big shit.