The BOE action guessing games continue
Sees £75bn in new BOE purchases over the next 4 months
Sees a 25bps cut at the next meeting
I'm still not sure we get an all out action attack from the BOE but rather more targeted policies in conjunction with the Treasury. That said, the way Weale changed into a dove overnight leads me to think we should prepare for the BOE to lob the kitchen sink at it.
