The Bank of England may sell all the UK government bonds bought under quantitative easing to better prepare for a future crisis, a move that would put it at odds with the US Federal Reserve. BOE Deputy Governor Dave Ramsden, who oversees financial markets, said officials may continue running down the QE portfolio, which peaked at £895 billion, even after hitting the “preferred minimum range of reserves.” The remarks at an event held by the Association for Financial Markets in London shed more light on how the UK central bank is unwinding a stimulus program in place for more than a decade. It’s important to the public ... (full story)