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- BOE governor Carney: BOE measures will prevent temporary disruption from causing longer-term damage
BOE governor Carney: BOE measures will prevent temporary disruption from causing longer-term damage
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Government will announce series of measures in budget to help households, businesses
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Economic shock will hurt both supply and demand in the UK
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BOE coordinating with Treasury to ensure measures have maximum impact
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BOE will take all necessary further steps to help UK economy
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Today's move by the BOE is a 'big, big package'
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We can cut rates below 0.25% to close to but above 0%
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QE and assets purchases are very much part of BOE toolkit
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Still very early to judge scale of virus impact on UK economy
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We have anecdotal evidence of sharp fall in UK trading conditions
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The coronavirus situation will pass, but how long remains to be seen
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