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Explainer: What on Earth has the Bank of England done with its bond sale programme?
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Explainer: What on Earth has the Bank of England done with its bond sale programme?
The Bank of England chose to hold interest rates at 3.75 per cent on Thursday. But its unexpected overhaul of quantitative tightening could be far more consequential, says Ali Lyon. On days when the Bank of England’s Monetary Policy Committee decides the future of interest rates, that choice – and the thinking that goes into [...]
18 Sept, 08:39
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