BoE cut rate to 0.10%, expand asset purchase by GBP 200B

<p>After a special meeting, BoE announces to cut Bank rate by -15bps to 0.10%. Also, Asset purchase target is raised by GBP 200B to GBP 645B. BoE will also enlarge the TFSME schedule  financed by the issuance of central bank reserves. BoE said in the statement: “Over recent days, and in common with a number […]</p>
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