Unlike the Federal Reserve, the BoE isn't just letting debt roll off its balance sheet but is actively selling. The gilt market is worth around 2.6 trillion pounds ($3.17 trillion), and at its peak, ...
Most other central banks are reducing their balance sheets by letting bonds mature without sales, which can lead to a loss. Speaking to lawmakers, Bailey said the BOE is nearing and equilibrium ...
Unlike the Federal Reserve, the BoE isn't just letting debt roll off its balance sheet but is actively selling. The gilt market is worth around 2.6 trillion pounds ($3.17 trillion), and at its ...