{"id":11469,"date":"2022-09-29T20:14:04","date_gmt":"2022-09-29T20:14:04","guid":{"rendered":"https:\/\/fusefornews.com\/2022\/09\/29\/why-is-the-bank-of-england-buying-government-debt\/"},"modified":"2022-09-29T20:14:04","modified_gmt":"2022-09-29T20:14:04","slug":"why-is-the-bank-of-england-buying-government-debt","status":"publish","type":"post","link":"https:\/\/fusefornews.com\/?p=11469","title":{"rendered":"Why is the Bank of England buying government debt?"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p class=\"ssrcss-1q0x1qg-Paragraph eq5iqo00\">The Bank of England has announced it would buy government bonds on a temporary basis to help &#8220;restore orderly market conditions&#8221;.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph eq5iqo00\">It pledged to buy \u00a365bn of the bonds after Friday&#8217;s mini-budget sparked turmoil on financial markets and the pound plunged. Investors had demanded a much higher return for investing in the government bonds, usually a stable investment, causing some to halve in value.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph eq5iqo00\">The BBC&#8217;s Economics Editor Faisal Islam explains the move.<\/p>\n<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/www.bbc.co.uk\/news\/business-63070187?at_medium=RSS&#038;at_campaign=KARANGA\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] The Bank of England has announced it would buy government bonds on a temporary basis to help &#8220;restore orderly market conditions&#8221;. It pledged to buy \u00a365bn of the bonds &hellip; <\/p>\n","protected":false},"author":1,"featured_media":11470,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[12],"tags":[],"_links":{"self":[{"href":"https:\/\/fusefornews.com\/index.php?rest_route=\/wp\/v2\/posts\/11469"}],"collection":[{"href":"https:\/\/fusefornews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fusefornews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fusefornews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/fusefornews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11469"}],"version-history":[{"count":0,"href":"https:\/\/fusefornews.com\/index.php?rest_route=\/wp\/v2\/posts\/11469\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fusefornews.com\/index.php?rest_route=\/wp\/v2\/media\/11470"}],"wp:attachment":[{"href":"https:\/\/fusefornews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11469"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fusefornews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11469"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fusefornews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11469"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}