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BoE's Vlieghe eyes more stimulus, open to negative rates

Bank of England policymaker Gertjan Vlieghe said on Tuesday the central bank could need to add more stimulus as risks to the economy had grown in response to rising COVID cases, and voiced some cautious support for negative interest rates.

BoE's Vlieghe eyes more stimulus, open to negative rates
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  • Shared by Reuters
  • October 21, 2020
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The BoE has almost doubled its asset-purchase programme since the start of the pandemic, to 745 billion pounds ($966 billion), and economists polled by Reuters expect it to add 100 billion pounds more after its November meeting.

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