’Pace of QE purchases may be very important’ during this pandemic says Bailey

Andrew Bailey, the governor of the Bank of England during an economic symposium on Friday stated that quantitative easing (QE) ’clearly acted to break a dangerous risk of transmission from severe market stress to the macroeconomy.’ He added that the purchase of QE during a ’period of market dysfunction’ due to the COVID-19 pandemic must be increased significantly.

’Pace of QE purchases may be very important’ during this pandemic says Bailey

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