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。

youdao

They brandish figures showing how the BoJ's asset-purchase programme has undershot that of other big central Banks (see chart).

他们援引数据表明，日本央行的资产购买计划(asset - purchase programme)远不及其他主要国家央行。

youdao

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