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Fitch on the UK - BoE easing a 'cushion', not an offset, to growth shock

Discussion in 'Fundamental Analysis' started by ForexLive, Aug 4, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Ratings agency Fitch on the Bank of England actions, "a proactive policy response": - decision to cut rates (to 0.25% from 0.5%) - expand bond buying (by 60bn of government bonds and 10B of UK corporate bonds) Will "cushion, rather than fully offset, the shock to UK growth"

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