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BoE Expected to Expand Asset Purchases

M. Ali 27 October, 2020 7:10 pm Market Update

The Bank of England (BoE) is expected to expand its huge bond-buying stimulus program next week, for the third time since the beginning of the Coronavirus (COVID-19) pandemic, Reuters reported.

The asset purchase program is set to be increased by GBP 100 billion to a total of GBP 845 billion, as per a recent Reuters poll.

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