BOE governor, Andrew Bailey, comments via Bloomberg TV

  • BOE not ruling anything out on further measures, keeping all options open
  • We're nowhere near using negative rates
  • Doesn't want to overdraw the distinction between BOE policy and open-ended QE

This is consistent with his comments from earlier here, in that the central bank is mainly adopting a wait-and-see approach on how the UK government is going about lockdown measures before committing to any further policy changes.