The OECD said the effectiveness of the UK's asset purchase programme - the so-called quantitative easing programme - was uncertain.

OECD认为英国的资产收购计划--也就是所谓的量化宽松计划并不十分奏效。

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The asset purchase programme will take another three months to complete, and many analysts believe it could be expanded in the New Year.

资产购置计划会在将来的3个月中完成，许多分析人士认为新年假期时可能会推出进一步的量化宽松政策。

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Some support to spending should come from the expansion of the asset purchase programme which would push up asset prices and stimulate expenditure by lowering borrowing costs and raising wealth.

资产收购会支撑购买力。这会推高资产价格，通过降低贷款成本和筹集资金来刺激消费。

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The scheme "will support the flow of credit to where it is needed, complementing the MPC's asset purchase programme in easing monetary policy conditions", he said in a letter to Bank of England governor Sir Mervyn King.

BBC: Funding for Lending scheme aims to cut loan costs

"Growth is likely to be weak in the near term but further out a continued easing in domestic credit conditions, supported by the Bank's asset purchase programme and the Funding for Lending Scheme, together with the stronger global backdrop, underpin a slow but steady recovery in output, " the governor said.

BBC: Inflation to stay above target, says Bank of England