The Bank of England will start a two-day policy meeting on the 7th, which should not be regarded as related to the future of the quantitative easing program.
"We are marching in unknown areas." Steven Bell, chief economist of hedge fund GLC, said, "The search for QE alternatives is in full swing, and the previous prescriptions failed to make the economy respond."
The FLS program, which was launched just three months ago, encourages banks to provide cheap credit to businesses and families. Overseas media commented that this is in stark contrast to the trickle-down effect of buying British government bonds through QE.
King, governor of the Bank of England, has previously said that when there are signs that the global economic weakness is expanding, the Monetary Policy Committee is prepared to introduce more stimulus measures when needed.