Home BOE’s Vlieghe: Outlook for monetary policy is skewed towards adding further stimulus

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BOE’s Vlieghe: Outlook for monetary policy is skewed towards adding further stimulus

FX Street

Updated: 20 Oct. 2020 | 11:38

Appears downside risks are starting to materialize.

Risk that negative rates end up being counterproductive to the aims of monetary policy is low.

MPC is not yet at point where it can reach conclusion on negative rates.

QE is probably less potent now than in March.

more to come …

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