Is the Bank of England Trying to Tighten Monetary Policy?

The bank of england said it was going to stop buying government bonds because it was trying to tighten monetary policy. It then had to start doing financial engineering, which involved selling off some other stuff to give to their banks so that they stayed sustainable. So from a molitary policy point of view, it's a very wid thing to do. What you're dealing with right now is the kind of cultural pattern you get in financial markets in relation to emerging market currencies. O know, turkey or argentina, or all those high risk markets that people tend to look at and say, yes, well, you can't really bet very much on what's can happen there due to political