Broadbent dismisses concerns over monetary financing

High debt and aggressive easing do not equate to monetary financing, says BoE deputy

ben-broadbent-2
Ben Broadbent, Bank of England
Bank of England

The shock from Covid-19 had triggered aggressive monetary easing from central banks and huge spending by governments, but concerns over monetary financing were likely to be overblown, Ben Broadbent argued today (September 2).

The Bank of England deputy governor said that high government debt and monetary easing often went together because both moved with the economic cycle. “The coincidence and time of these things doesn’t really tell you anything about monetary finance,” he said.

Easing by

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.