Oliver Mangan: Governments and central banks hoping recovery is sustained

Christine Lagarde, President of the European Central Bank at a press conference last year. Picture: Daniel Roland / AFP via via Getty Images

Last week’s Bank of England Monetary Policy Council meeting wrapped up the latest round of policy assessments by the main central banks. 

The ECB, US Federal Reserve and now the Bank of England, all kept policy on hold which was no surprise given the extensive loosening measures implemented in the first half of the year.