The Bank of England’s emergency bond-buying program may end next month as Britain’s worst recession in a generation eases, economists say. Officials

The Bank of England’s emergency bond-buying program may end next month as Britain’s worst recession in a generation eases, economists say.

Officials decided yesterday not to expand the 125 billion- pound ($203 billion) spending plan and said they will pause purchases of government bonds at the end of July. That suggests they may be preparing to wrap up the policy, said Credit Suisse Group AG, Citigroup Inc. and Fortis Bank Nederland Holding NV.

“We’re at a turning point,” said Nick Kounis, an economist at Fortis in Amsterdam and a former U.K. Treasury official. “We know the economy has probably stabilized. Even though they can’t see the effects of what they’re doing, they may be starting to worry about overkill.” baca selengkapnya