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Bank of England poised to slow bond sale programme

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City AM
Bank of England poised to slow bond sale programme
The Bank of England is likely to slow its unusual approach to offloading gilts after conceding it had pushed up borrowing costs at a time when government bond yields have hit near-record highs, economists have predicted. The Bank’s Monetary Policy Committee will vote to reduce the pace of its ‘quantitative tightening’ programme from £70bn to [...]
14 Sept, 13:02
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