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Bailey: On monetary support to the economy,.....>

BOE
BOE: Bailey: On monetary support to the economy, asked what he wants to achieve.
First to address threat to financial stability. 2 parts - scale (GBP200bln more
than previously) and also pace of asset purchases the fastest the Bank has done.
This all had to be in context of inflation target. In the scenario put together
inflation drops pretty much to zero - a big part of that is oil price drop -
then inflation back to target towards the end of the horizon.

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