Open Demo Account
Home / Market Update / BoE Expected to Expand Asset Purchases

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.

Tags

Check Also

Pound Rises After Bank of England’s Cautious Pause, but Momentum Fades

The British pound strengthened slightly on Thursday after the Bank of England decided to keep …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends