BOE announce government bond buying programme to strengthen the market.
I'm not smart enough to know why this is a bad idea but I'm sure I'll find out soon.
Peston suggests it is bad?
https://twitter.com/Peston/status/1575068194175594496
I think, from a quick read in a few places, it's just kicking it down the road or QE 3.0.
They'll probably cut public services even further come November too.
Looking forward to co-pay health insurance by EOY.
@rhb started
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BOE announce government bond buying programme to strengthen the market.
I'm not smart enough to know why this is a bad idea but I'm sure I'll find out soon.