Massive stimulus looks to stay as BoE to echo Fed ...Qatar

A week after US Federal Reserve Chair Jerome Powell said there’s still some way to go before stimulus can be reduced, a similar message may come from the Bank of England this Thursday. The rise in coronavirus infections in the wake of the European soccer championship has heightened uncertainty about Britain’s economic recovery – at least in the short term. The UK central bank’s rate-setting panel – down a member after the departure of chief economist Andy Haldane in June – is forecast to see the doves prevail when policy-makers meet. Before taking their foot off the stimulus pedal, they’re likely to want to know how the UK jobs market fares when the government’s wage-support program ends in

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Massive stimulus looks to stay as BoE to echo Fed ...Qatar

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