Market Comment | Market's positive reaction to BoE’s decision
Published on Thursday, August 4, 2016
Market Comment | Market's positive reaction to BoE’s decision
Summary
In today’s BoE meeting, the committee responded to Brexit with a wide-ranging stimulus package, including: (i) lower interest rate to 0.25% for first time since 2009 (unanimously), (ii) increasing the Asset Purchase Programme up to GBP 435bn (with 3 members against), (iii) launching corporate bond purchases up to 10bn (with only 1 member against). Additionally […]
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