The News Agents cover image

IMF, BoE, wtf?

The News Agents

00:00

The Bank of England Is Effectively Stepping in to Keep a Lid on the Cost of Government Borrowing

Former bank of england economist muctaba raman speaks to iReporters. He explains what the central bank is actually doing at the moment. Bank stepping in to keep a lid on cost of government borrowing by demanding and buying government bonds. It's a big vote of no confidence in what the government is doing, he says.

Play episode from 04:50
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app