What investors think of the BOE’s response to the pandemic
Both the pound and UK government bonds were sold off after the central bank said on Thursday it would slow the pace of its asset purchases
19 June 2020 - 10:52
Brussels/London — The Bank of England’s (BOE’s) surprisingly restrained tone on the economy has not gone down well with investors.
Both the pound and UK government bonds were sold off after the central bank said on Thursday it would slow the pace of its asset purchases, despite a £100bn boost to the size of the programme. With the BoE aiming to complete the programme later in 2020, its weekly bond-buying is likely to be about half its current £13.5bn binge...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.