Quantitative Easing (Prohibition) Bill

This bill would prohibit the Bank of England from conducting quantitative easing (QE), a monetary policy tool where the central bank creates money to buy government bonds and other assets to inject liquidity into the economy. The bill aims to prevent the Bank of England from using QE in future economic crises or downturns. It represents a significant constraint on the central bank's toolkit for managing monetary policy and responding to financial emergencies.