“UK GDP data is in line with what we think it would be”Said Bank of England Governor Andrew Bailey in a speech scheduled at the Financial Times Global Digital Conference on Thursday.
Additional comments:
We had a strong recovery.
But we still have a big gap.
The recovery has been very uneven.
As for the news about vaccines, it is encouraging.
We have to be cautious because there is still a long way to go in vaccine trials.
The news about vaccines is broadly consistent with BoE forecast assumptions.
The news about vaccines begin to reduce the burden of uncertainty.
The objective of the QE is not the interest rate of the public debt, it is the economy in general.
.
Credits: Forex Street
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
