BOE’s Hauser: Will not start to reverse QE before bank rate reaches around 1.5%

Dhwani Mehta FXStreet

Following are the latest comments by the Bank of England (BOE) Executive Director for Markets, Andrew Hauser, as reported by Reuters.

BOE’s balance sheet "will shrink materially" when quantitative easing reversed.

Monetary Policy Committee (MPC) has said it will not start to reverse QE before bank rate reaches around 1.5%.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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