BOE’s Saunders: Question of paring back bond buys early to be under consideration at forthcoming meetings

“The question of whether to curtail our current asset purchase program early will be under consideration at our forthcoming meetings,” the Bank of England (BOE) policymaker Michael Saunders said in his scheduled speech on Thursday.

Additional comments

“If bank rate does rise in the next year or so, it is likely that any rise would be relatively limited.”

“Risk management considerations have limits.”

“There are increasing risk considerations on the other side, in particular, that continuing with asset purchases when cpi inflation is above 3% and the output gap is closed.”