Bank of England Forecasts £125 Billion Loss from QE Program

The Bank of England estimates its quantitative easing program will result in a net financial loss of approximately £125 billion, which the British government will need to cover.

7 May, 03:00 — 7 May, 03:00

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cyprus-mail111d ago

Bank of England expects £125 billion net loss from QE programme

The Bank of England has estimated that its quantitative ‌easing programme would rack up a net financial loss of around 125 billion pounds ($169 billion), which will need ⁠to be funded by the British government. Under the central bank’s QE programme, which first started in 2009 as a means to stimulate the economy after the […]

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Bank of England Forecasts £125 Billion Loss from QE Program

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Bank of England expects £125 billion net loss from QE programme

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