Rate Brief — Currencies and central banks, read from the decision itself

Three releases today came with instructions for doubting them

The ONS shipped revisions triangles, Barr conceded the quality adjustment before using his figure, and the RBI published a weighted average next to a range three times as wide. Each told you where its own number is weak.

Victoria Shinder23 Sep2 min read

Sterling

The Bank of England borrows to fund its own currency reserves

A market notice on 21 September runs under the framework set a year ago: two benchmark issues a year, professionals only, and reserves that are the Bank's own rather than the Treasury's.

Victoria Shinder22 Sep2 min read