BoE's Pill: We will not sell gilts into a dysfunctional market – by eren_fxstreet BOE CentralBanks
Chief Economist Huw Pill said on Tuesday that they will not sell gilts into a dysfunctional market, as reported by Reuters.
"We are not running faster than elsewhere in reducing our balance sheet but our process is different," Pill further explained. "As long as the market is an orderly repricing of fundamentals, quantitative tightening can continue."Information on these pages contains forward-looking statements that involve risks and uncertainties.
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