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Bailey: No discussion with government about timing and pace of BOE asset sales
BOE GOV. BAILEY: THERE HAS BEEN NO DISCUSSION WITH THE GOVERNMENT ABOUT THE TIMING AND PACE OF BOE ASSET SALES.
— Breaking Market News (@financialjuice) November 29, 2022
Added at 10:12am
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Boe gov. bailey: in comparison to other countries, the uk labor market has proven to be much more constrained than we anticipated.
— BTBMarkets (@BTBMarkets) November 29, 2022
Added at 10:14am
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BOE GOV. BAILEY: THE QE WAS NEVER INTENDED TO GENERATE REVENUE FOR THE UK GOVERNMENT.
— Breaking Market News (@financialjuice) November 29, 2022
Added at 10:15am
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Boe gov. bailey: paying bank rates on boe reserves is the simplest way to keep interest rates in line with boe objectives.
— BTBMarkets (@BTBMarkets) November 29, 2022
Added at 10:18am
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Boe gov. bailey: we have not discussed reserve remuneration with the finance minister.
— BTBMarkets (@BTBMarkets) November 29, 2022