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28th Apr 2022 18:00U.K., Daily Monitor

Active QT likely will have a much smaller proportionate impact than QE, but the MPC still will be cautious.

The gilt market is less liquid than usual, and the MPC wants a steady programme that won't need tinkering.

We still think the BoE will wait until August to set out plans for sales of £10B per quarter, starting in Q4.

BoE e.u. January June monetary conditions monetary policy mpc negative rates policy q4 recession

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Keywords for: The MPC will Wait Until August to Publish its Plans for Gilt Sales

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