BOE Spokesperson Says Bond-Buying Program Still to End Friday | Forex Factory

  • BOE Spokesperson Says Bond-Buying Program Still to End Friday

    From bnnbloomberg.ca

    A Bank of England spokesperson reiterated Governor Andrew Bailey’s warning that the central bank will end its program of emergency bond purchases on Friday. The spokesperson said Bailey’s deadline remained in place in an emailed response to a request for comment on Wednesday. “My message to the funds involved and all the firms is you’ve got three days left now,” Bailey said at the Institute of International Finance annual meeting in Washington on Tuesday. “You’ve got to get this done.” The spokesperson declined to comment on an earlier Financial Times story that the BOE informed some lenders on ... (full story)

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Ftmofx
Oct 12, 2022 4:07am
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For Central Bank, BOE Bond purchasing program, GBP will hawkish until the end of Bond purchasing and it will go long way.
Trader#C6C5
Oct 12, 2022 4:47am
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do everyday people actually understand this? boe is creating "money" (government token) to bail out the pension funds (so the peoples pensions) of their bad debt so they dont lose billions. (bad debt is the government bonds)( which is the money pensions funds lend to government)
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