Latest News

BoE’s Pill: bond purchases won’t cap long-term rates

BoE’s Pill: gilt purchases not aimed at capping long-term rates By Reuters

Breaking News

‘;

Economy 10 minutes ago (Sep 29, 2022 16:43)

© Reuters. FILE PHOTO: A general view of the Bank of England (BoE) building, in London, Britain, August 4, 2022. REUTERS/Maja Smiejkowska/File Photo

LONDON (Reuters) – The Bank of England’s new programme of government bond purchases is aimed at curing market dysfunction, not capping yields or offering cheaper credit to the government or financial institutions, BoE chief economist Huw Pill said.

“They are not intended to cap or control longer-term interest rates or to offer more favourable underlying financing conditions to the institutions involved – or, for that matter, to the government – than would have prevailed in an orderly market environment,” Pill said in a speech text.

BoE’s Pill: gilt purchases not aimed at capping long-term rates

Italy behind schedule in using EU COVID funds, Treasury data showsBy Reuters – Sep 29, 2022

By Giuseppe Fonte ROME (Reuters) – Italy will spend around 13 billion euros ($12.62 billion) less this year in European post-COVID recovery funds than it previously targeted, a…

Russian central bank gives legal entities green light to trade foreign sharesBy Reuters – Sep 29, 2022

MOSCOW (Reuters) -The Bank of Russia on Thursday gave legal entities the green light to buy the securities of “unfriendly” issuers, those from countries that have imposed…

Euro zone bond yields rise as German inflation flares; UK gilts flagBy Reuters – Sep 29, 2022

By Stefano Rebaudo and Amanda Cooper LONDON/MILAN (Reuters) – Euro zone government bond yields rose on Thursday, unwinding most of the previous day’s gains, after German inflation…

Our Apps



Terms And Conditions
Privacy Policy
Risk Warning

© 2007-2022 Fusion Media Limited. All Rights Reserved.

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

What's your reaction?

Excited
0
Happy
0
In Love
0
Not Sure
0
Silly
0

You may also like

Leave a reply

Your email address will not be published. Required fields are marked *

More in:Latest News