The Bank of England will slow the reduction in government bond holdings due to market and political pressures as it assesses the impact of past sales.
Andrea Hariuc
Economy
unsplash
Always see our news on Google
The Bank of England is preparing to slow the pace of government bond sales amid market volatility and political criticism over losses. A possible 0.25 percentage point interest rate cut and an assessment of the effects of quantitative tightening are expected on August 7. Although the bank says the sales have not materially affected yields, current market conditions may require a recalibration of strategy.
Latest News
23:08
The Commission proposes the automatic exchange of data on the beneficial owners of real estate properties in other EU member states
22:58
Police are searching for Andrei Cristian Marin, an 18-year-old with Down syndrome who went missing from Sector 6
22:57
A Romanian man, his mother and his aunt have been arrested in Austria in a case involving the trafficking of fentanyl patches
22:55
Painting from Kogalniceanu's collection, gifted by Hitler, exhibited at a museum in Iași
22:54
Duane “Keffe D” Davis was sentenced to 40 years for orchestrating the murder of Tupac Shakur
See more news
NEWS ON THE SAME TOPICS
International
The British economy grew by 0.4% in the second quarter, providing a moment of respite for the new Prime Minister Andy Burnham.
.webp)
International
Britain is changing its money. The figures on English banknotes will be replaced with images of British animals
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
