Economics
BOE Slows Bond Buying as U.K. Economic Recovery Gathers Pace
- U.K. should recover pre-pandemic level during 2021, BOE says
- Bailey will speak at press conference at 1pm in London
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The Bank of England slowed its emergency bond-buying and signaled it’s on course to end that crisis support later this year as a strong rebound takes hold across the economy with the removal of pandemic restrictions.