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Home » Bank of England reduces projected QE bill to 115bn

Bank of England reduces projected QE bill to 115bn

The Cyprus Mail by The Cyprus Mail
7 months ago
0 0

The Bank of England has lowered slightly to 115 billion pounds ($155 billion) its estimate of the net loss that Britain’s finance ministry will have to pay to cover the central bank’s bond-buying programme. When the BoE began quantitative easing in 2009 to boost the economy after the global financial crisis, the finance ministry agreed […]

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