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Bank of England intervenes to avert credit crunch, economic fallout

Posted on AllSides September 28th, 2022
From The Left
Frank Augstein/AP

The Bank of England moved Wednesday to quell a financial market revolt, announcing it would temporarily buy an unlimited amount of government bonds to prevent disorderly trading from destabilizing the U.K. economy.

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https://www.washingtonpost.com/world/2022/09/28/boe-uk-pound-intervention/

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