The early evidence suggests that it does work to some degree to stimulate the economy, although the precise mechanisms involved are still a matter of some debate.
19/05/2021  Governor’s speech at the presentation of the Inflation Report – May 2021 Ladies and gentlemen, esteemed members of the press, dear colleagues, Allow me to bid you welcome to the presentation of the May Inflation Report after more than a year, with a sincere wish that as of August we return to our usual way of holding press conferences and answering all your questions live.