Britain'S QE2 Is Near &Nbsp; In Early October Or 400 Billion Pounds.

As the global economy continues to weaken, Britain is considering launching a new round.

DELL's chief economist and MPC member DELL said in an interview with the daily mail last Thursday that the growth rate of the UK's main trading partners has been declining, and consumer confidence, business and service sector indices have declined, thanks to the deterioration of the European debt crisis.

"We thought the economic slowdown was only temporary.

But now it seems that the bitter days are not yet over.

In the second quarter, the GDP growth rate was only 0.2% in the UK in the second quarter, and in August, manufacturing PMI fell to a low of 26 months.

"If the situation continues to deteriorate, we have to consider further easing.

The records of the September meeting of the Bank of England show that most policymakers believe that QE2 is "right time" and that it may be the earliest time for QE2 to come out in from October 5th to 6th.

Citigroup predicts that the Bank of England may invest about 400 billion pounds in the new round of QE.

Simon Hayes, an economist at Barclays Bank in London, also said that QE2 is "near".

"I am very clear that the good effect of the first round of QE in 2009 can now be achieved."

Meyers said.

The Bank of England launched its first round of 200 billion pounds. The central bank said in its interim report this year that the first round of QE played a significant role in revitalizing the British economy.