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Boe Statement Oil Online Form

Boe Statement Oil Online Form

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this is a step in the right direction we've been saying for a long time that quantitative tightening had no business being carried out in an environment where the main event stress and the main worries in the market was funding of the government's deficit so this is at least not adding to the stress anymore and then through the the two weeks these purchases will go on for at least uh this will at least alleviate that selling pressure so are you probably going to ask me about the relatively uh modest Market reaction I think this is a reflection to the fact that these purchases are time limited until the 14th of October the size is a million that second element and the third element is that the bank of England says in the same statement that they intend to resume quantitative tightening with exactly the same Target as early as the 31st of October so this is a step in the right direction but two teammates that I if I had to do the policy recommendation and even maybe a pro

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