![](https://i.imgur.com/CLvY2jA.png")
30-09-2022, 08:04 AM
QE
On Wednesday, in order to calm the wind of panic which had blown all morning on the British bond markets, triggering a surge in borrowing rates, the Bank of England intervened urgently in the bond market.
The fall of the pound against the dollar that followed left some analysts perplexed, but the Western financial centers and that of Tokyo welcomed his action. The respite was short-lived: this Thursday morning, the stock markets started to fall again, like the pound (which had however recovered a little from the hair of the beast). While Liz Truss persists and signs.
A spectacular intervention by the BoE... but which devalues the currency
The Tokyo Stock Exchange, in turn, welcomed the BoE's decision to buy British sovereign debt, attributing to this action its progress Thursday in the wake of Wall Street the day before.
Despite the financial turmoil, British Prime Minister Liz Truss on Thursday defended the "controversial and difficult" massive tax cuts taken by her government to support the economy.
https://www.latribune.fr/economie/intern...34512.html
On Wednesday, in order to calm the wind of panic which had blown all morning on the British bond markets, triggering a surge in borrowing rates, the Bank of England intervened urgently in the bond market.
The fall of the pound against the dollar that followed left some analysts perplexed, but the Western financial centers and that of Tokyo welcomed his action. The respite was short-lived: this Thursday morning, the stock markets started to fall again, like the pound (which had however recovered a little from the hair of the beast). While Liz Truss persists and signs.
A spectacular intervention by the BoE... but which devalues the currency
The Tokyo Stock Exchange, in turn, welcomed the BoE's decision to buy British sovereign debt, attributing to this action its progress Thursday in the wake of Wall Street the day before.
Despite the financial turmoil, British Prime Minister Liz Truss on Thursday defended the "controversial and difficult" massive tax cuts taken by her government to support the economy.
https://www.latribune.fr/economie/intern...34512.html
