Reuters was first to report that the Bank of England had no intention of extending purchases of bonds beyond the previously set deadline, hours after it expanded the programme to include inflation-linked debt. The sterling fell more than a cent against the U.S. dollar to its lowest since Sept. 29 after remarks by Bank of England Governor Andrew Bailey.
The post Reuters reveals Bank of England stands firm on deadline for bond purchases; sterling slides to two-week low appeared first on Reuters News Agency.
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