The Bank of England kept rates unchanged on Thursday and said it was slowing the pace of its quantitative tightening programme and skewing sales away from long-dated gilts to minimise the impact on turbulent bond markets.
Policymakers voted 7-2 to slow the annual pace at which it unloads the gilts which it purchased from 2009 and 2021 to 70 billion pounds from 100 billion pounds, broadly in line with a
