Monitor UK Asset Purchase Facility impacts; ceased in 2022, it influenced bond demand and rates.
This typically boosts demand for bonds, which can lead to a decrease in long-term interest rates. The source ceased this program in February 2022.
What it Measures
The total amount of funds that the Bank of England will generate to acquire government assets on the open market.
Usual Effect
A result that is lower than the forecast is favorable for the currency.
Source & Frequency
Bank of England (latest release) - https://www.bankofengland.co.uk/ • This is scheduled to occur monthly.
How Data is Derived
MPC members vote on the total amount of money to create for the program. The individual votes are published 2 weeks later in the MPC Meeting Minutes
Also Known As
Quantitative Easing Programme, Money Printing Programme
Acronym
N/A