Bank's Bean to tour Britain, explain QE

LONDON (Reuters) - Bank of England Deputy Governor Charles Bean will embark on a seven-day tour of Britain next week to explain the central bank's unprecedented asset purchase programme to the public, the central bank said on Friday. The BoE also released a pamphlet to explain the policy, which reiterated its commitment to keeping inflation in line with its 2 percent target.

The central bank launched its 125 billion pound quantitative easing programme in March but shocked markets on Thursday by scaling back its weekly gilt purchases, leading many to speculate the programme may be about to end.

The tour, which kicks off on July 13 and will take in 14 towns and cities across England, Scotland and Wales, supplements the Bank's regular regional visits.

The Bank has invited members of the public and businesses to email their questions about quantitative easing to Bean at: here

To view the pamphlet "Quantitative easing explained" click on: here