{"id":41651,"date":"2021-02-18T03:13:43","date_gmt":"2021-02-17T23:13:43","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=41651"},"modified":"2021-02-18T03:13:45","modified_gmt":"2021-02-17T23:13:45","slug":"boes-ramsden-qe-program-could-continue-until-november-2021","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/boes-ramsden-qe-program-could-continue-until-november-2021\/02\/18\/market-updates\/","title":{"rendered":"BoE\u2019s Ramsden: QE Program Could Continue Until November 2021"},"content":{"rendered":"\n<p>Deputy Governor of the Bank of England (BoE) Dave Ramsden said on Wednesday that the bond-buying program is the most suitable stimulus option to help the British economy cope with the impact of the Coronavirus pandemic.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u201cMy overall take on [Quantitative Easing] (QE) is still that it is a tried and tested tool.\u201d<\/p><p>\u201cFor me, it is the marginal monetary policy tool at present.\u201d<\/p><p>\u201cFor that reason, and assuming no material worsening in market functioning, I would envisage some further slowing in pace at some point in the remainder of the year.\u201d<\/p><p>\u201cIt remains appropriate for policy to lean strongly against downside risks to the outlook.\u201d<\/p><p>\u201cIf we continued at that pace, the program would be complete at the start of November 2021.\u201d<\/p><p>\u201cFor that reason, and assuming no material worsening in market function, I would envision some further slowing in the pace at some point in the year.\u201d<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Deputy Governor of the Bank of England (BoE) Dave Ramsden said on Wednesday that the bond-buying program is the most suitable stimulus option to help the British economy cope with the impact of the Coronavirus pandemic. \u201cMy overall take on [Quantitative Easing] (QE) is still that it is a tried and tested tool.\u201d\u201cFor me, it &hellip;<\/p>\n","protected":false},"author":10,"featured_media":32206,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[6967],"class_list":["post-41651","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-boe"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/41651","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=41651"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/41651\/revisions"}],"predecessor-version":[{"id":41652,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/41651\/revisions\/41652"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/32206"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=41651"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=41651"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=41651"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}