- BoE's policymaker Saunders: Review of negative rates is not finished
Market news
4 September 2020
BoE's policymaker Saunders: Review of negative rates is not finished
- Review will look at indirect effects on banks, lending
- I am not theologically opposed to negative rates
- BoE did not discuss negative rates at August meeting
- If we were to shift to average inflation targeting, I'm not sure it would have that much impact for UK
- QE is clearly an option for further stimulus; there is a certain scope to expand the QE
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