Article preview: Making an earlier than expected announcement today, the Bank of England has released a further £150bn of quantitative easing as part of its bond-buying programme. The latest Monetary Policy Committee comes on the same day that England enters a second national lockdown, and was accompanied by some stark economic forecasts. The Bank believes the size of the British economy will contract by 2% in the final quarter of the year, losing 11% of its Gross Domestic Product (GDP) in the year as a whole.
Bank of England fires a £150bn QE bazooka
£32.00
This 433-word blog post looks at the latest Bank of England Monetary Policy Commitee, including an extension to their bond-buying programme, keeping interest rates on hold, and worsening economic forecasts. Written on 5th November 2020.
Your purchase gives you rights to publish this blog post on your IFA, financial planner or wealth manager website blog, news or insights page, along with access to the text of the blog post to copy and paste into your blog. You can publish this blog as written or edit it before publishing, and you can post it under your name.