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World

The Bank of England has no good options

26 September 2022

6:40 PM

26 September 2022

6:40 PM

How will and how should the Bank of England, and the Treasury, react to this morning’s continued fall in the value of the pound? I’ve been talking to former Bank of England executives and ex-Treasury officials, who make clear that the stakes are incredibly high and that reassuring markets will not be easy.

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