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Bank of England calls for urgent action on funds that nearly toppled UK financial system

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USA Gold

Published : March 31st, 2023

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Category : Coins dealers headline


	CNN Business/Julia Horowitz/3-29-2023 “This would allow them to withstand ‘severe but plausible stresses’ in the UK government bond market and meet any calls to post collateral in an orderly fashion.” USAGOLD note: The Bank of England has already shown it is ready and waiting with more quantitative easing at the next sign of trouble. The financial sector comes out a winner; the citizenry will likely feel the pinch of more inflation.The inflation rate in UK is already in double digits at 10.4%. United Kingdom Inflation rate Chart courtesy of Trading Economics.com

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