Barclays: The Bank of England may maintain its current pace of quantitative tightening in September.

In a report, Jack Meaning, Chief Economist of Barclays Bank in the UK, pointed out that the Bank of England may maintain its pace of quantitative tightening at 100 billion per year in September. Quantitative tightening refers to the gradual reduction of the amount of bonds purchased during the period of quantitative easing. Meaning stated that the Bank of England may adjust the maturity structure of bond sales, but is likely to continue with the selling plan. He mentioned that actively sold bonds could reach 51 billion, with an additional 49 billion naturally reducing through bond maturity.