Is the Bank of England's Brexit rescue plan working?
The Bank of England's bond buying programme intended to help cushion an expected slowdown in the economy caused by the British vote to quit the European Union had a dramatic effect on financial markets this week, with yields on UK government bonds...
FT News in Focus · Financial Times
August 11, 20168m 31s
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Show Notes
The Bank of England's bond buying programme intended to cushion an expected slowdown in the economy caused by the British vote to quit the European Union had a dramatic effect on financial markets this week, with yields on UK government bonds turning negative for only the second time in history. Hugh Carnegy asked FT markets editor Michael Mackenzie and economics writer Martin Sandbu to explain what happened and why it matters.
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