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Bitcoin Faces Eight-Year Rate Test as BOE Unwinds £368 Billion
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Bitcoin Faces Eight-Year Rate Test as BOE Unwinds £368 Billion

Key Highlights The Bank of England will reduce its monetary-policy gilt portfolio by £368 billion by September 2034, combining £46 billion annually from maturities and £20 billion from active sales. The Monetary Policy Committee voted unanimously for the unwind but split 6–3 on Bank Rate, with Megan Greene, Catherine Mann, and Huw Pill favoring a ...