BBCNEWS BBC News June 4, 2024 09:13:00
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...
Source: archive.org