BOE considers selling entire QE portfolio, diverging from US Fed policy | |
The Bank of England (BOE) is considering a significant shift in its monetary policy strategy by potentially selling all UK government bonds acquired under its quantitative easing (QE) program. This approach marks a departure from strategies employed by other major central banks, such as the US Federal Reserve. BOE Deputy Governor Dave Ramsden highlighted the possibility of reducing the QE portfolio, which at its peak reached £895 billion, down to zero. This move is aimed at better preparing for future crises by utilizing different liquidity instruments to meet the demands for financial stability. | |
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Target State: All States Target City : Carlsbad Last Update : Dec 24, 2024 5:20 AM Number of Views: 7 | Item Owner : hrviews Contact Email: (None) Contact Phone: (None) |
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