• BoE's policymaker Saunders: Review of negative rates is not finished

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4 setembro 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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