BOE Expands QE Size, but Slows Pace of Purchases

<p>BOE turned out to be less pessimistic than we had anticipated. The members acknowledged that global economic contraction in 2Q20 will be “less severe than expected”. While the size of QE is expanded, the members will likely slow the pace of asset buying. The policy rate stayed unchanged at record low. The decision sent gilts […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/action-insight/central-bank-analysis/304500-boe-expands-qe-size-but-slows-pace-of-purchases/">BOE Expands QE Size, but Slows Pace of Purchases</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>