May 13, 2020 / 6:38 PM / 24 days ago

BoE's Bailey signals more bond buys are on the way: ITV

LONDON (Reuters) - Bank of England Governor Andrew Bailey signalled in an interview with ITV that the central bank is likely to increase its purchases of British government debt, the broadcaster said on Wednesday.

ITV did not provide a direct quote.

A majority of members of the Monetary Policy Committee did not want to specify the amount of new money that would have to be created to buy the bonds, ITV quoted Bailey as saying.

Reporting by Andy Bruce; editing by Stephen Addison

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