Jinshi data on September 19, Royal Bank of Canada Capital Market analysts said in a report that the Bank of England Central Bank may announce on Thursday that it will start selling 100 billion pounds of British government bonds in the next 12 months from October. This will maintain the same pace of quantitative tightening as last year. In our view, the minimum path of resistance, which is closely related to the principles of the Bank of England Central Bank’s monetary policy committee’s quantitative tightening plan, still seems to keep the overall scale of quantitative tightening at 100 billion pounds unchanged. However, the Royal Bank of Canada said it is possible to announce a larger cut rather than a smaller one.
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