- Analytics
- News and Tools
- Market News
- BoE's governor Bailey: Quantitative Easing at a time like this can prevent unwarranted tightening in financial conditions
BoE's governor Bailey: Quantitative Easing at a time like this can prevent unwarranted tightening in financial conditions
- As well as maintaining interest rates which are consistent with achieving inflation target, in my view Quantitative Easing at a time like this can prevent unwarranted tightening in financial conditions
- BoE's actions are not monetary financing or fiscal dominance
- We have had encouraging news on the vaccine front; of course, there is a lot to do, and important steps to take and evidence to gather, but this is big step forward, and it will play major role in lowering the level of uncertainty
- If we can now see some light at the end of the tunnel, we need to focus more on important questions about how our economies will look in the future, how we want them to look, what will be the legacy of Covid, and what we can do to support and prioritise any necessary more structural changes
- If these changes [Covid-caused changes to structure of economy] persist, they could require a reallocation of labour and capital, and this reallocation could be more or less costly; my best guess is that there will be lasting changes
- Prevailing level of uncertainty means there is no cause to be complacent here – and you should expect a central bank to remain cautious
- More financing will be needed to ensure viable businesses survive, and to finance need for investment; we need to ensure that this is done without excessive leverage
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
