Former BoE deputy governor warns on unwinding QE

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Former deputy governor for financial stability at the Bank of England (BoE), John Gieve, on March 22 said central banks across the world face an unprecedented challenge in unwinding the record levels of quantitative easing (QE) that have been injected into the system in recent years.

"No-one has ever injected this much QE into the system before, and no-one really knows what will happen when the central banks start to wind it down," said Gieve.

Speaking at the Risk Annual Summit event in Canary

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