Neither Prof Martin nor Mr Miles draw explicit conclusions for fiscal policy: they are not among those who are openly calling for Mr Osborne to move to a Plan B (though I don't think Bill Martin would oppose it).
BBC: Is the Bank of England doing enough?
"I told Alex what I would do if it didn't work out and we needed a Plan B, " he said.
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But I think we can be confident it won't be described as any Plan B.
BBC: IMF expects less of the UK and a lot of the US and Europe
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