Economics

BOE to Counter Double-Dip Contraction Risk With Fresh Stimulus

  • Bank was already seen as likely to lift bond-buying this week
  • England closures virtually guarantee policy makers will act

Photographer: Chris Ratcliffe/Bloomberg

Lock
This article is for subscribers only.

Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.

The Bank of England looks certain to fire another burst of monetary stimulus this week as new coronavirus lockdowns leave the economy facing a third quarter of decline in 2020.