Report of delay to QT ‘inaccurate’, BoE says
Article says central bank is “expected to bow to investor pressure” for delay to asset sales
The Bank of England said today (October 18) that a report it would delay its process of quantitative tightening (QT) was “inaccurate”.
The BoE previously said it would begin outright sales of government bonds on October 31, already a month later than planned. However, recent turmoil in the gilt market has prompted speculation QT could be delayed again.
The Financial Times reported today that the central bank is “expected to bow to investor pressure for a further pause”, without naming any
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