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Haskel says ending QE early would be a tightening

BOE
  • In reference to a question from the MNI policy team Haskel says ending QE early would be a tightening. And he said in his speech earlier that "For now, tight policy is not the right policy".
  • So very much a more dovish message than the three MPC members who spoke last week.
  • Hard to know how much market impact this is having given the risk-off moves and rallies across FI at present.

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