Andrew Bailey is in danger of blunting the Bank of England’s crisis tools. The UK central bank governor on Tuesday vowed to end emergency bond-buying that has been propping up pension funds, even as investors increasingly assumed the scheme might get extended. His intervention will make any U-turn more damaging.
Bank of England Governor Andrew Bailey reiterated in a speech on Oct. 11 that the bank planned to its cease its emergency government bond purchases on Oct. 14. The comments came after the Financial Times reported that BoE officials had told bankers that the central bank could extend its purchases if market volatility flares up again.
“We have announced that we will be out by the end of this week. We think the rebalancing must be done,” Bailey said at an event organised by the Institute of International Finance. The BoE has signalled privately to lenders that it was prepared to extend its emergency bond-buying programme beyond Friday’s deadline if market conditions demanded it, the Financial Times said, citing three sources.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
BOE Governor Andrew Bailey revives risk aversionBank of England Governor Andrew Bailey spurred some risk aversion in the American afternoon, referring to the latest monetary policy measures to stabi
続きを読む »
EUR/USD holds to minimal gains above 0.9700, on risk aversion, after BoE's Bailey commentsEUR/USD holds to minimal gains above 0.9700, on risk aversion, after BoE's Bailey comments – by christianborjon EURUSD Majors Macroeconomics Fed ECB
続きを読む »
AUD/JPY Price Analysis: Retraces from around 92.30s on dampened moodAUD/JPY Price Analysis: Retraces from around 92.30s on dampened mood – by christianborjon AUDJPY Currencies Crosses Technical Analysis ChartPatterns
続きを読む »
UK borrowing costs rise again as BoE sticks to bond plan deadlineBritish government borrowing costs rose again on Wednesday after Bank of England Governor Andrew Bailey told pension funds they had three days to fix liquidity problems before the bank ends emergency bond-buying that has provided support.
続きを読む »
Meet Bailey Zappe, who has Bill Belichick suddenly hedging on naming Patriots' starting QBThrough three seasons at Houston Baptist University and a fourth at Western Kentucky, Bailey Zappe's offensive coordinator peddled a seemingly counterintuitive axiom.
続きを読む »