BoE Set To Unwind QE By More Than Peers
Country Risk / United Kingdom / Fri 22 Mar, 2024
Key View
- Major central banks were broadly in sync as they undertook quantitative easing (QE); however, the BoE is set to undertake a divergent path in reducing the size of its balance sheet, conducting quantitative tightening (QT) to a greater extent than its peers, including more outright bonds sales.
- We expect that QT from the BoE will have