Why should Bank of England determination of the rate of interest in the discount and repo markets

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Why should Bank of England determination of the rate of interest in the discount and repo markets also influence rates of interest in the parallel markets?

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Economics

ISBN: 978-1292187853

10th edition

Authors: John Sloman, Jon Guest, Dean Garratt

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Question Posted: Apr 03, 2019 09:19 AM

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Why should Bank of England determination of the rate of interest in the discount and repo markets

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Because market forces will ensure that interest rates in the two markets will move tog...View the full answer

Economics

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