Quantitative Tightening Looms For Markets on Hawkish Fed.

"If central bank rates alone were increasing [rates], but quantitative easing was staying in place, this would provide at least some liquidity support to asset prices", said Freya Beamish, head of macro research at TS Lombard. Markets are betting the Bank of England will lift rates on Thursday to the level it has said it may begin shrinking its portfolio. [Extracted from the article]