No Summary provided as the original text is short
- Quantitative Tightening: A monetary policy strategy where a central bank reduces its balance sheet by selling government bonds or allowing them to mature, effectively withdrawing liquidity from the financial system.
- Bank of England: The central bank of the United Kingdom, responsible for setting monetary policy, including interest rates and asset purchase or reduction programs.
- Governor: The chief executive officer of a central bank, responsible for guiding monetary policy and financial stability decisions.