getdoon_weebobby Posted July 9, 2009 Share Posted July 9, 2009 There was no announcement of any extension to the present £125bn of asset purchases by the BoE under its quantitative easing programme by the MPC today. Quote Link to comment Share on other sites More sharing options...
Timm Posted July 9, 2009 Share Posted July 9, 2009 (edited) There was no announcement of any extension to the present £125bn of asset purchases by the BoE under its quantitative easing programme by the MPC today. I for one am very surprised. edit: http://www.bankofengland.co.uk/publication...ws/2009/059.htm Edited July 9, 2009 by Timm Quote Link to comment Share on other sites More sharing options...
Injin Posted July 9, 2009 Share Posted July 9, 2009 The Bank of England’s Monetary Policy Committee today voted to maintain the official Bank Rate paid on commercial bank reserves at 0.5%. The Committee also voted to continue with its programme of asset purchases totalling £125 billion financed by the issuance of central bank reserves. The Committee expects that the announced programme will take another month to complete. The Committee will review the scale of the programme again at its August meeting, alongside its latest inflation projections. Quote Link to comment Share on other sites More sharing options...
Deckard Posted July 9, 2009 Share Posted July 9, 2009 There was no announcement of any extension to the present £125bn of asset purchases by the BoE under its quantitative easing programme by the MPC today. Bump Bloomberg version BOE Keeps Asset-Purchase Plan at 125 Billion Pounds http://www.bloomberg.com/apps/news?pid=206...id=a.H3mBwHioCE £ up on the news Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted July 9, 2009 Share Posted July 9, 2009 Perhaps they are just going to do it in secret? Quote Link to comment Share on other sites More sharing options...
Wannabe Posted July 9, 2009 Share Posted July 9, 2009 Ooh... Hamish won't be happy over on MSE. He was mouthing off the other day that the BoE should chuck HALF A TRILLION at the economy to get things back to 'normal. Poor wee thing... Quote Link to comment Share on other sites More sharing options...
m4rk Posted July 9, 2009 Share Posted July 9, 2009 sounds like a bluff to me. make things seem better than it really is. Quote Link to comment Share on other sites More sharing options...
puppee Posted July 9, 2009 Share Posted July 9, 2009 sounds like a bluff to me. make things seem better than it really is. i agree but how much longer have the prudent savers got to pay for bailing out these idiot borrowers with these ridiculously low interest rates, haven't savers and pensioners done their part Quote Link to comment Share on other sites More sharing options...
57percent Posted July 9, 2009 Share Posted July 9, 2009 Is there a point they start selling the bonds back and destroying the money? ... or will they just forget about it and write of the mostly govt debt off!!!!! Quote Link to comment Share on other sites More sharing options...
VeryMeanReversion Posted July 9, 2009 Share Posted July 9, 2009 BoE in the lead! VMR. Quote Link to comment Share on other sites More sharing options...
LiveAndLetBuy Posted July 9, 2009 Share Posted July 9, 2009 Maybe Merv wants Gordon to actually start making some spending cuts before he gives him any more money? Quote Link to comment Share on other sites More sharing options...
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