BoE’s Hauser: Covid-19 forced “largest and fastest” actions ever

Andrew Hauser
Andrew Hauser
Bank of England

The Bank of England launched its “largest and fastest” emergency programmes ever during the markets crisis triggered by Covid-19, executive director Andrew Hauser said on June 4.

Hauser, who is responsible for markets at the BoE, gave a blow-by-blow account of how the BoE tracked the rapidly growing stresses and responded, at a time when almost its entire staff had to move to remote working and a handover of governors was underway.

The first week of March saw the BoE move to “split-site

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