BoE will not use monetary financing to fight coronavirus crisis – Bailey
The Bank of England will not
resort to monetary financing – irreversibly printing money to
help the government increase spending – to shield Britain’s
economy from the impact of the coronavirus pandemic, its
governor Andrew Bailey said.
resort to monetary financing – irreversibly printing money to
help the government increase spending – to shield Britain’s
economy from the impact of the coronavirus pandemic, its
governor Andrew Bailey said.
Posted by Reuters
