Carney's Brexit Expansion of Gilt Purchases Nears Target: ChartBy
As Bank of England Governor Mark Carney prepares to unveil policy makers’ latest decision and forecasts, part of their initial response to the Brexit vote is drawing to an end. The six-month, 60 billion-pound ($76 billion) extension to government-bond buying announced in August looks set to reach completion by the close of this month. None of the economists surveyed by Bloomberg expect the BOE to expand the quantitative easing program further on Thursday.
— With assistance by Stephen Spratt