Title:BOE Boosts Bond-Buying Program More Than Expected
Date:5th November 2020
Description:Nov.05 -- The Bank of England boosted its bond-buying program by a bigger-than-expected 150 billion pounds ($195 billion) in another round of stimulus to help the economy through a second wave of coronavirus restrictions. The BOE, which now expects the economy to shrink this quarter, kept interest rates unchanged at 0.1%. Dani Burger reports from Threadneedle Street on "Bloomberg Markets: European Open."