"The purpose of these purchases
Governments — or as they're described by central bankers, "fiscal authorities" — control taxing, spending and borrowing decisions. Under this system, central banks are supposed to have independence from the politicians running the country. That's because sometimes — for instance, when inflation is high — the bank has to do politically unpopular things, like raising rates, starting recessions and throwing people out of work.
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Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.
Is the UK Now a Buy? Analysts Weigh in After Market Meltdown and Bank of England InterventionAlthough some analysts have highlighted that the U.K. retains strong fiscal fundamentals, many are reluctant to jump back in until the smoke clears.
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U.K. Prime Minister Defends Tax Cuts as Market Turmoil ContinuesLiz Truss largely laid the blame for the country’s financial fallout on high global inflation and energy prices caused by Russia’s invasion of Ukraine, as the pound weakened, the FTSE 100 was lower and government bond yields again crept higher. What an Iron Lady! Amazing. All she took was 2 weeks to bring an entire country’s economy to its knees! 😂 Liz Truss is going to come with other destructive policies
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