UK ticked off by IMF, whilst BoE goes back to QE
Thursday 29th September 2022
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It’s been quite a session in the UK, with the IMF reprimanding the government over it’s budget, and the Bank of England suspending its quantitative tightening, instead switching to buying longer end bonds in a move to protect pension funds. What’s all this doing to the UK’s credibility? NAB’s David de Garis talks through the events from London. In the US equities have bounced back, even though central banks show no sign of stepping back on their hawkish stance. The war in…
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