BOE Preview: Are we nearing the end of story? Joe Perry May 3, 2021 8:19 PM With the 875 Billion Pound bond purchase target fast approaching, the BOE is going to have to do something Share: The Setting A long, long, time ago (the fall 2020), there was the Bank of England, who told banks to get ready for negative rates. Then, all of the sudden in January, the BOE said that by telling banks to get ready for negative rates, they didn’t really mean to imply that they were going to actually bring rates into negative territory. While the UK was in lockdown, markets waited to see what the BOE would do next. At the March BOE meeting, the committee voted to leave rates unchanged at 0.10% and left their bond buying program unchanged at 875 billion Pounds. The BOE meets again on May 6