- BoE's governor Bailey: Not ruling tools in or out, it's the time for active review
Market news
20 May 2020
BoE's governor Bailey: Not ruling tools in or out, it's the time for active review
- We think stress on banks has some way to go
- We do not rule out anything for policy
- Keeping lower bound under active review
- Negative rates are under active review
- Structure of financial systems in countries with negative rates is important
- Negative rates quiet a nuanced policy in countries where they're implemented
- We will review purchase of risky assets
- We may have to act rapidly, having tools under review to do that is important
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