Latest News

BoE will weigh market conditions when setting gilt sales: Pill

0

BoE will weigh market conditions when setting gilt sales: Pill By Reuters

Breaking News

‘;

Economy 13 minutes ago (Sep 07, 2022 12:11)

© Reuters. FILE PHOTO: Pedestrians walk past the Bank of England, in London, Britain, August 8, 2022. REUTERS/Toby Melville

LONDON (Reuters) – The Bank of England will take conditions in the gilt market into account when it announces later this month how many government bonds it will sell as part of its quantitative tightening (QT)programme, chief economist Huw Pill said on Wednesday.

“The quantities that will be considered (for quantitative tightening) when it comes to the confirmatory vote next week have taken (market conditions) into account,” Pill told lawmakers.

Gilts have been subject to a sharp sell-off in recent weeks.

Rate-setter Catherine Mann, also appearing at parliament’s Treausry Committee on Wednesday, said market prices were an important factor in judging “digestibility” of QT.

BoE will weigh market conditions when setting gilt sales: Pill

Yen Slide, Beige Book, iPhone 14 – What’s Moving MarketsBy Investing.com – Sep 07, 2022

By Geoffrey Smith 
Investing.com — The yen slumped to a new 24-year low against the dollar as China’s trade figures cast doubt over the economic outlook for Asia. The Federal…

BoE says Truss plans could slow inflation, too soon to talk about ratesBy Reuters – Sep 07, 2022

By David Milliken and Andy Bruce LONDON (Reuters) – Britain’s surging inflation could slow thanks to plans by new Prime Minister Liz Truss to help households and businesses cope…

UK energy bill help could lower inflation, BoE’s Pill saysBy Reuters – Sep 07, 2022

LONDON (Reuters) – A new cap on British household energy bills touted by new prime minister Liz Truss could lower the path of inflation relative to the Bank of England’s forecasts…

Our Apps



Terms And Conditions
Privacy Policy
Risk Warning

© 2007-2022 Fusion Media Limited. All Rights Reserved.

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

MBA: Mortgage Applications Decrease in Latest Weekly Survey

Previous article

Yen Slide, Beige Book, iPhone 14 – What’s Moving Markets

Next article

You may also like

Comments

Leave a reply

Your email address will not be published.

More in Latest News