Can the Bank of England Breathe a Sigh of Relief?

A.M. Edition for Oct. 14. The Bank of England’s bond purchases to support pension funds and prevent a possible financial market crisis are on schedule to end today as planned. WSJ reporter Paul Hannon explains whether the central bank has achieved what it set out to do and says that markets are expecting the U.K. government to backtrack on its planned tax cuts that had led to very sharp drops in bond prices. Luke Vargas hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices