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11 Oct 2016
BOE’s Saunders: BOE hasn't run out of easing ammunition yet
More comments flowing in from BOE Saunders, as he continues to testify before the Treasury Select Committee.
Key Headlines:
Too early to tell if BOE will be able to buy scale of corp. bonds planned
May be slight upward pressure on pay from reduced availability of foreign workers
BOE could cut rate close to 0%, not below
BOE MPC hasn't run out of easing ammunition yet
Doesn't buy into equity bubble idea