The Bank of England will decide on whether to start another round of Quantative Easing today.
Experts say the vote on whether to pump more cash into the economy, will be extremely close.
Justin Urquhart Stewart, director at Seven Investment Management told Daybreak that the Bank of England currently has two choices, he said do they "take the risk of inflation or get some growth in there?"
Justin added: "At the moment they want growth, at any cost."
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The chairman admitted that "we were all wrong" about the resilience of the economy.
In the town of Bethlehem, doctor Mary Ellen DeFranco told ITV News: "I have hope for the first time in a long time."
Freezing and frosty for some of us