BoE Bailey: Level of reserves should be adjusted first when withdrawing stimulus

<p>In a Bloomberg op-ed, BoE Governor Andrew Bailey said the “the current scale of central bank reserves mustn’t become a permanent feature.” Also, “elevated balance sheets could limit the room for maneuver in future emergencies”. Hence, “when the time comes to withdraw monetary stimulus, in my opinion it may be better to consider adjusting the […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/live-comments/305214-boe-bailey-level-of-reserves-should-be-adjusted-first-when-withdrawing-stimulus/">BoE Bailey: Level of reserves should be adjusted first when withdrawing stimulus</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>