The consensus grows that the BoE will add an additional £50B to its bond purchase program at...

|By:, SA News Editor

The consensus grows that the BoE will add an additional £50B to its bond purchase program at tomorrow's policy meeting. The move would bring the total size of the bank's QE purchases to £325B, more than 20% of the U.K.'s GDP. For the Fed's QE to be equivalent, it would have to total around $3T.