
BOE considers selling entire QE portfolio, diverging from US Fed policy | |
The Bank of England (BOE) is considering a significant shift in its monetary policy strategy by potentially selling all UK government bonds acquired under its quantitative easing (QE) program. This approach marks a departure from strategies employed by other major central banks, such as the US Federal Reserve. BOE Deputy Governor Dave Ramsden highlighted the possibility of reducing the QE portfolio, which at its peak reached £895 billion, down to zero. This move is aimed at better preparing for future crises by utilizing different liquidity instruments to meet the demands for financial stability. Ramsden’s statements reflect the BOE’s proactive stance on unwinding the stimulus measures that have been in place for over a decade. Unlike the Federal Reserve, which aims to maintain a QE portfolio to support an “ample” level of reserves, the BOE is willing to fully unwind its asset purchase facility if deemed necessary for policy reasons. This difference underscores the BOE’s readiness to adopt a more aggressive approach to normalize its balance sheet, emphasizing the bank’s independence in policy judgment despite potential financial implications for public finances. For more details please visit our website - https://hrviews.com/2024/07/18/boe-considers-selling-entire-qe-portfolio-diverging-from-us-fed-policy/ ![]() | |
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| Target State: California Target City : Carlsbad Last Update : Nov 24, 2025 6:23 AM Number of Views: 13 | Item Owner : hrviews Contact Email: (None) Contact Phone: (None) |
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