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Bank of England Preview: Will the BoE Taper QE?
2021-05-05 11:00:00
Justin McQueen,
Analyst
BoE Bank Rate and APF To Remain Unchanged
Focus on Possible BoE Taper Announcement
Upgrade in Economic Projections Expected
Overview
The Bank of England is expected to maintain policy settings with the bank rate left at 0.1% and APF at GBP 895bln. As such, given the significant improvement in the UK outlook amid a successful vaccination program and gradual easing of lockdown measures, the focus for this meeting will be on whether the central bank tapers the pace of weekly gilt purchases, which is currently at GBP 4.4bln. ....

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