Bank of England Suspends Tightening Policy as Pound Nosedives — Central Bank to Start Purchasing Long-Dated UK Government Bonds

Posted on September 28, 2022
In Bank of England, Bank of England (BOE), Bank of Japan, BoE, BOE intervention, Bond Markets, britain, Central Bank, central bank intervention, Economics, fiat currency, intervention, pound, Pound Slides, Sterling Pound, UK Central Bank, UK currency, UK pound, US dollars

Bank of England Suspends Tightening Policy as Pound Nosedives — Central Bank to Start Purchasing Long-Dated UK Goverment Bonds Following the extremely volatile European markets during the past few days and the euro and pound dropping rapidly against the U.S. dollar, the Bank of England has decided to intervene in bond markets. U.K. government bond yields have been erratic and the pound sterling also dropped to a lifetime low against the greenback. On Wednesday, […]
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