Day: November 5, 2020

UK’s Sunak boosts 200 billion-pound job rescue – BoE ramps up bond buying

British finance minister Rishi Sunak ramped up his 200 billion-pound ($262 billion) economic rescue programme once again on Thursday in a coordinated move with the Bank of England, which increased its already-huge purchases of government debt. As England went into a new month-long coronavirus lockdown, Sunak announced the latest in a string of expansions of …

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Fed to Stay on Sidelines Amid Election Drama: Decision Day Guide

The Federal Reserve is likely to hold off from any major policy changes with the U.S. election still in the balance, even as pressure to act mounts amid diminishing prospects for aggressive fiscal stimulus. With no shift expected, officials could still open the door to adjusting their asset purchase program in either the statement issued …

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