BOE leaves bank rate unchanged at 0.10% as expected 0 (0)

BOE announces its September monetary policy decision – 23 September 2021
– UK Q3 GDP expectations revised down by around 1% since August
– Downward revision reflects emergence of supply constraints on output
In terms of overall key messaging, I don’t see much change in the language – if any at all. The BOE remains cautious about the

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BOE’s Woods: Cautiously optimistic that China will be able to avoid Evergrande becoming a major global issue 0 (0)

Remarks by BOE deputy governor, Sam Woods
This adds to the list of central bankers who are seemingly less worried about how things with Evergrande are going to play out at the end of the day. Adam provided some colour on that in his post yesterday .

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Many ECB policymakers reportedly open to increase APP purchases to avoid cliff effect 0 (0)

Reuters reports, citing sources familiar with the matter
The report says that policymakers at the ECB are seeing the risk of inflation being more „sticky“ and exceeding projections, with some anticipating inflation to be at 2% or above next year – which should pave the way for an end of PEPP purchases in March.

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