Carney says BoE 'open for business' ahead of QE wind-down

The Bank of England in London

The governor of the Bank of England (BoE), Mark Carney, today unveiled a series of changes to the liquidity support offered by the UK central bank to the banking sector – meaning it will offer liquidity over longer terms, for a wider range of collateral, at lower prices than before.

A document released today by the Bank of England outlined changes to its Sterling Monetary Framework (SMF) said the micro-prudential tools the Bank has acquired in recent years mean "the SMF no longer has to shoulder

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