Bank of England to Step Up Talks on Negative Rates

The transcript discusses the Bank of England's monetary policy, focusing on maintaining the asset purchase target and the potential for negative interest rates. It highlights market expectations for further quantitative easing and rate cuts, especially in light of Brexit uncertainties. The conversation also touches on inflation concerns and the economic trajectory, with a particular focus on unemployment and the potential policy response to a no-deal Brexit.

What is the current asset purchase target set by the Bank of England?

What are the expectations regarding interest rates in the UK as discussed in the text?

How has the Bank of England's stance on negative interest rates evolved according to the discussion?

What factors are influencing the Bank of England's policy decisions as mentioned in the text?

What is the potential impact of a no-deal Brexit on the Bank of England's monetary policy?