- The UK approach to QE is more transparent than elsewhere.
- QE has worked, consequences are challenging to manage.
As a reminder, the BoE slowed the pace of QT last week from £100 billion to £70 billion per year to curb rising bond yields. The two dissenters for were Mann and Pill. The former wanted to slow it to £62 billion, while the latter of course to keep it steady at £100 billion.
This article was written by Giuseppe Dellamotta at investinglive.com.
