Wording of this Sun piece suggests Treasury briefed out the Bank's £150bn QE decision the day before - not a good look for the Bank's independence
https://twitter.com/robholdsworth/status/1324104640573722628
Bear in mind that a Treasury representative sits in on the Bank's Monetary Policy Committee meetings - so they certainly know what decisions are coming
Asked about the Sun story at the press conference Governor Andrew Bailey says: "We will look into it"
Here's the overnight print version of the Sun story
Unlike the online copy the word "expected" appears. But that headline is unambiguous...
Unlike the online copy the word "expected" appears. But that headline is unambiguous...
Yes, economists were pencilling in more QE.
But the consensus of those polled by Reuters was for £100bn, not £150bn:
But the consensus of those polled by Reuters was for £100bn, not £150bn:
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