• BoE's MPC member Saunders: I would not rule out negative rates, that does not mean I would necessarily rule it in

Market news

28 May 2020

BoE's MPC member Saunders: I would not rule out negative rates, that does not mean I would necessarily rule it in

  • Nothing to add on negative rates beyond what BoE governor Bailey remarked last week
  • It's possible that gilt yields would not fall much below BoE bank rate with more QE, but it's still worth doing

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