Is the Bank of England Getting it Wrong on QE/QT?
Back in 2008 the economy came crashing down but the Bank of England had a plan create £250 billion of out of thin air and buy government bonds. Quantitative easing led to lower interest rates, cheaper government borrowing and rising asset prices. But fast forward to 2026 and the opposite is happening. Bond yields are …
Tejvan Pettinger studied PPE at LMH, Oxford University.