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Bank of England Asset Purchase Program Target Amount

UKAPTARG:IND
435.00
GBP
As of 12:00 AM EST 11/30/2016
52Wk Range
375.00 - 435.00
1 Yr Return
16.00%
52Wk Range
375.00 - 435.00
1 Yr Return
16.00%
YTD Return
16.00%
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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