• BOE governor Bailey: We are not out of monetary policy tools

Market news

7 May 2020

BOE governor Bailey: We are not out of monetary policy tools

  • We will continue to come up with appropriate responses

  • BOE is clearly committed to take action when needed

  • Appropriate that BOE continues with aggressive pace of QE for the moment

  • We will take stock of that, there's still another meeting before QE completion

  • Information about lifting lockdown measures will be material to June discussions

RBNZ Preview: An expansion of QE to $60bn would cause a small market reaction – Westpac
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