The BoE Capitulates

Faced with a total collapse of the UK bond market, the Bank of England threw in the towel today and fully reversed course from QT to QE. This is, of course, coming to all central banks in a matter of time so be sure to notice the market reaction today.

Even as we wrote just yesterday..."the coming rally is going to melt your eyebrows". And it is. Is this move by the BoE the start? No, probably not. Your Monetary Masters will view this as just a one-off that the BoE will need to manage. But rest assured. Renewed QE and rate cuts ARE THE ULTIMATE OUTCOME. It's just a matter of time...

About the Author

Founder
tfmetalsreport [at] gmail [dot] com ()

78 Comments on The BoE Capitulates

Subscribe or login to read all comments.

Support TFMR

Donate Buy Silver

Access Subscriber Benefits

Listen to TFMR on the go in your favorite podcast app, and join our member-only forum discussions!

Key Economic Events Week of 12/5

12/5 9:45 ET S&P Services PMI
12/5 10:00 ET ISM Services PMI
12/5 10:00 ET Factory Orders
12/7 8:30 ET Productivity
12/7 8:30 ET Unit Labor Costs
12/8 8:30 ET Initial Jobless Claims
12/9 8:30 ET PPI
12/9 10:00 ET UMich inflation exp.

Forum Discussion

by Titus Andronicus, Dec 3, 2022 - 1:57am
by Titus Andronicus, Nov 26, 2022 - 10:18pm
by Island Teal, Nov 26, 2022 - 2:54pm
by Titus Andronicus, Nov 14, 2022 - 10:32pm
randomness