BoE's Pill: We will not sell gilts into a dysfunctional market

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 59 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 72%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

BoE's Pill: We will not sell gilts into a dysfunctional market – by eren_fxstreet BOE CentralBanks

Chief Economist Huw Pill said on Tuesday that they will not sell gilts into a dysfunctional market, as reported by Reuters.

"We are not running faster than elsewhere in reducing our balance sheet but our process is different," Pill further explained. "As long as the market is an orderly repricing of fundamentals, quantitative tightening can continue."Information on these pages contains forward-looking statements that involve risks and uncertainties.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 14. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines