Future balance sheet size hard to judge – BoE’s Ramsden

Dave Ramsden
Dave Ramsden

The factors determining the size of the Bank of England’s balance sheet are likely to change as quantitative easing is wound down, but how large the balance sheet will end up is hard to determine, said Dave Ramsden today (September 28).

The deputy governor, who oversees markets and banking, said demand for reserves would likely become more important than the quantity supplied, “as and when our balance sheet shrinks”. The BoE is “minded” to retain its floor system for setting rates, which would

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: