BoE faces tough call on bond-purchase programme
With data indicating the UK might be shaking off the recession, Bank of England policymakers must decide whether to bolster their bond-buying programme. Analysts are split on whether the central bank should halt the programme, add £25 billion or add £50 billion. "We believe the decision on QE is finely balanced and see the odds as 60-40 in favour of an extension versus the announcement of a halt," said Barclays Capital economist Simon Hayes.
Bloomberg | 04 Nov.
This story published in SIFMA Global SmartBrief on 11/05/2009
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