BoE’s Ramsden: QT has some effect on economy, but fairly small

Bank of England (BoE) Deputy Governor Dave Ramsden testifies before the UK parliament's Treasury Select Committee (TSC) about the central bank's sales of bonds bought under its quantitative easing programme.

Key quotes

QT has some effect on economy, but fairly small.

QT will be gradual and predictable; we are not flying blind.

Related reads

• BoE’s Bailey: I don't envisage balance sheet returning to where it was before financial crisis