BoE's Pill: Too much tightening on QT could be offset with less rate hikes

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BoE's Pill: Too much tightening on QT could be offset with less rate hikes – by eren_fxstreet BOE CentralBanks GBPUSD

"If we think quantitative tightening is causing too much tightening, we can offset that with less interest rate increases," Bank of England Chief Economist Huw Pill told the UK's Treasury Select Committee on Wednesday.

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Source: Loan Digest (loandigest.net)

 

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