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Bank of England Expands Market Intervention to Avoid a ‘Fire Sale’

Por: The New York Times Business October 11, 2022

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The Bank of England stepped up its intervention in Britain’s bond market on Tuesday, the second expansion of its emergency measures in two days, as it warned of a “material risk” to the nation’s financial stability from dysfunction in part of the market.For the past two and a half weeks, Britain’s financial markets have faced turmoil after investors rebuffed the tax and spending policies of Prime Minister Liz Truss and her new... + full article



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