Doing Qe News Today

the leaders of chinas ruling communist party gather for a summit in which ruler xijinping is expected to secure a historic third term in office. communities in three australian states are ordered to evacuate as torrential rain brings major flooding. and — the flying scotsman — the first steam engine to hit 100 miles an hour — celebrates a century on the tracks. hello and welcome if youre watching in the uk or around the world. britains chancellor, kwasi kwarteng, has cut short hi...

Borrowing markets, but it is not its job to bail out the government. it is very important that central banks are independent. and by engaging in quantitative easing, it effectively bails the government out because by doing qe, bails the government out because by doing oe, it buys government debt and brings down the interest rates that the government has to pay on its debt. so it is, by doing oe, bailing out the government. in some ways, this was incredibly bold and brave by the bank of england t...