Economics
Bank of England’s $231 Billion of QE May Come Quicker Than Advertised
- Accelerating purchases could increase impact of stimulus
- Operations start this week on Tuesday, Wednesday and Thursday
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The Bank of England’s new 200 billion pounds ($231 billion) of bond purchases has the potential to hit the market at a faster pace than currently advertised.
With rates near zero already, increasing the speed of purchases is one lever policy makers could pull if they want to boost the impact of the current package of measures, without following the Federal Reserve in moving to unlimited buying.