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Bank of England Asset Purchase Program Target Amount

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UKAPTARG:IND
375.00
GBP
52Wk Range
375.00 - 375.00
1 Yr Return
0.00%
52Wk Range
375.00 - 375.00
1 Yr Return
0.00%
YTD Return
0.00%
Profile
Quantitative easing is an unconventional monetary tool used by central banks to stimulate their economies when conventional monetary policy is no longer effective (e.g. when monetary policy rates are at or near 0). This policy normally involves purchases of longer-term financial assets from banks and other financial institutions, pumping additional money into an economy and lowering longer-term interest rates.
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