BoE: No evidence QE damages businesses with DB schemes

James Phillips
clock • 2 min read

Further quantitative easing (QE) and cutting interest rates to 0.25% have not hurt businesses with defined benefit (DB) schemes, according to the Bank of England (BoE).

The comments were made on 17 October as the Work and Pensions Committee (WPC) grilled deputy governor for monetary policy Dr Ben Broadbent (pictured) as part of its inquiry into DB regulation. T...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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