Should it pause while doing other 'unconventional' things, on top of already announced corporate debt purchases?

But the latest corporate debt purchases are also aimed at directly easing borrowing conditions for companies by freeing up more sources of funding.

In the past couple of months, it has also begun to leave some sovereign debt purchases 'unsterilised' — in effect another small money-printing programme.

The main stimulus to the economy will be loose monetary policy, with very low interest rates and quantitative easing (expanding the money supply through debt purchases) maintained.

By 2006, hedge funds have purchased more than 25% of the high-yield markets supply to supplement their more traditional defaulted debt purchases.