BoA: Should The BoE Start Buying Corporate Bonds?

According to Bank of America, Mark Carney faces a conundrum in the wake of Brexit.

The Bank of England is widely expected to embark on another round of QE to steady markets in the aftermath of the referendum shock. However, with yields around the world already trading at record lows, there’s no pressing need for Carney to carry out QE to the same degree that the bank did during the financial crisis.

Koo: QE Has Failed In Europe, The UK And Japan

Still, it’s widely expected by economists that the Bank of England will announce a 40bps rate cut and another £50 billion of QE via gilt purchases at its meeting next week. But it remains to be seen if Carney...