• BOE policymaker Ramsden: Debt, higher borrowing was a necessary response to the pandemic

Notícias do Mercado

7 agosto 2020

BOE policymaker Ramsden: Debt, higher borrowing was a necessary response to the pandemic

  • Yields in the gilt market are extraordinarily low

  • Trends over many years have pushed down rates

  • We are not actively planning for negative rates

  • We are using tried and test policies such as QE

  • Important to stress that negative rates are now in the toolbox

  • Financial structure is a key conditionality for negative rates

  • BOE can support the transition by keeping rates low

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