BOE Gilts Buy a 'Quantitative Conundrum,' Says Franklin's Dudley

The transcript discusses the Bank of England's (BOE) response to market stability, questioning the necessity of their intervention. It highlights the lack of consensus within the BOE regarding rate decisions and contrasts volatility with disorderly markets. The discussion emphasizes rational market behavior and critiques the BOE's intervention as potentially unnecessary, introducing the term 'quantitative confusion' to describe the situation.

What are the implications of the Bank of England's recent rate decision according to the speaker?

How does the speaker differentiate between volatility and disorderly markets?

What factors does the speaker believe contribute to market volatility?

What concerns does the speaker express regarding the central bank's intervention?

What does the speaker mean by 'quantitative confusion' in the context of central bank actions?