# Sterling pares some losses after BoE decision - The Financial Daily

> Sterling pared some losses after the Bank of England increased bond buying by £100bn to £745bn and kept rates at 0.1%. The central bank's pace of purchases is set to slow, which analysts described as on the hawkish end of expectations.

- Date: 2020-06-18 · published 2020-06-18T12:00:00.000Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/52872-sterling-pares-some-losses-after-boe-decision-the-financial-daily
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

A slower QE pace reduces marginal liquidity support, a macro factor with no direct bearing on feed ingredient supply or demand.

## Sources

- thefinancialdaily.com: https://thefinancialdaily.com/sterling-pares-some-losses-after-boe-decision/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.