The Bank of England is expected to soon slow the pace at which it shrinks its 558 billion-pound ($754 billion) holdings of government bonds, and economists hope next week will shed some light on its longer-term goals for the stockpile.
Alongside a predicted quarter-point interest rate cut to 4 per cent, the BoE’s Aug. 7 policy statement will assess the past year’s quantitative tightening, or QT, before policymakers decide in
