In a letter to Chancellor of the Exchequer Reeves, Bank of England Governor Bailey stated that the fiscal benefits of QE are likely to largely, or even completely, offset the net long-term transfers from the Treasury to the central bank.

2025-11-12

In a letter to Chancellor of the Exchequer Reeves, Bank of England Governor Bailey stated that the fiscal benefits of QE are likely to largely, or even completely, offset the net long-term transfers from the Treasury to the central bank.