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

’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.

Khwahish
Khwahish
OpenYourMind
OpenYourMind 3 months

QE works for very few. It's another cut in death of 1000 cuts to the middle class.

Don'tbackNV
Don'tbackNV 3 months

It's in his interests to say that. But who trusts what a banker says!

White mana matters
White mana matters 3 months

🤢

Andrew Kenney
Andrew Kenney 3 months

And inflation goes with it.

Nops
Nops 3 months

Buy Bitcoin

Reiwa2020
Reiwa2020 3 months

This guy's full of it.

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