BoE Governor Bailey: Will only do QT active sales in a stable market and cease if conditions change

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22 April 2022

BoE Governor Bailey: Will only do QT active sales in a stable market and cease if conditions change

Bank of England Governor Andrew Bailey on Friday remarked that the bank will only conduct active sales of assets on its balance sheet in stable market conditions and the bank will cease such operations if conditions change, reported Reuters. The BoE cannot have a constant ratchet upwards of its balance sheet, Bailey noted.

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