With very little going on in the markets at the moment, lets look ahead at what will probably be the biggest event tomorrow, the Bank of England meeting. For a bit of light reading in preparation you can go here,here and here. My thoughts?? I think they will extend. Policymakers are proving to be a lot more cautious than the markets are at present, and I know that they can do more Q/E at a later date, but it wouldn’t look very good if they stopped and started again. So for me an extension with a nod to the green shoots and a hope that banks actually pass some of the money into the real economy.