BoE won't print money to fund UK fight against coronavirus - Bailey
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LONDON (Reuters) - The Bank of England will not resort to irreversibly printing money in order to fund a surge in government spending as it tries to shield Britain's economy from the coronavirus crisis, its governor Andrew Bailey said on Sunday.The BoE last month ramped up its bond-buying programme by a record 200 billion pounds ($245.2 billion), similar to moves by the Federal Reserve and the European Central Bank as central banks around the world scrambled to limit a deep recession.The next..