- BoE's governor Bailey: Quantitative Easing at a time like this can prevent unwarranted tightening in financial conditions
Notícias do Mercado
17 novembro 2020
BoE's governor Bailey: Quantitative Easing at a time like this can prevent unwarranted tightening in financial conditions
- As well as maintaining interest rates which are consistent with achieving inflation target, in my view Quantitative Easing at a time like this can prevent unwarranted tightening in financial conditions
- BoE's actions are not monetary financing or fiscal dominance
- We have had encouraging news on the vaccine front; of course, there is a lot to do, and important steps to take and evidence to gather, but this is big step forward, and it will play major role in lowering the level of uncertainty
- If we can now see some light at the end of the tunnel, we need to focus more on important questions about how our economies will look in the future, how we want them to look, what will be the legacy of Covid, and what we can do to support and prioritise any necessary more structural changes
- If these changes [Covid-caused changes to structure of economy] persist, they could require a reallocation of labour and capital, and this reallocation could be more or less costly; my best guess is that there will be lasting changes
- Prevailing level of uncertainty means there is no cause to be complacent here – and you should expect a central bank to remain cautious
- More financing will be needed to ensure viable businesses survive, and to finance need for investment; we need to ensure that this is done without excessive leverage
O foco de mercado
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimerAbrir Conta Demo e Página Pessoal