How can a continuation of Quantitative easing be interpreted as a change of policy direction??????????
Can I give you a Ladybird analogy?
In June 2013 I announced to my family that we were going to Wexford for the Summer and we would be returning in September. We packed our stuff and off we went. When we got to Wexford we thought it was so nice that on the 18th September 2013 I announced that we were going to stay until December.
We changed policy, it meant we had to buy some additional supplies which cost us money. Had we known we were going to stay for an extended period we would have brought additional supplies with us that would have saved us a bit of money.