• BoE's governor Bailey: Today's reduction of gilt purchases is not a tapering decision

Market news

6 May 2021

BoE's governor Bailey: Today's reduction of gilt purchases is not a tapering decision

  • We have not yet completed our review into the sequencing of policy tightening
  • We have not reached any conclusion on reducing the stock of QE
  • The world has changed hugely since 2018 when BoE last looked at this

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