Bank Of England Rejoins QE Parade With Another £75B

``The Bank of England returned to the QE market, for the first time since 2009, by raising the amount of its asset purchase program from 200B pounds to 275B pounds. 75B pounds is about $115B US dollars. While we have been conditioned to big numbers, and hence this doesn't feel like a huge amount, relative to the English economy, it is huge. In U.S. terms (the U.S. economy is roughly 6.5 times the size of the U.K. economy) this would be the equivalent of just under $750B''