Quantitative Tightening I 60 Second Economics
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Quantitative Tightening I 60 Second Economics
Quantitative Tightening (QT) is a contractionary monetary policy used by the Bank of England (BoE) to shrink its balance sheet and reduce the money supply, reversing Quantitative Easing (QE). Under QE, peak assets reached £894.9 billion , which has dropped to a current asset stock of £524.9 billion, while the base interest rate sits at 3.75% ...
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