Bank of England

February 6, 2014

No changes were made in the 0.5% Bank Rate, the level since March 2009, or the Asset Purchase Program of GBP 375 billion, whose limit was reached by early November 2012.  Officials released a statement that shed no informative insight into the discussion at this month’s meeting, but publication of the quarterly Inflation Report next Wednesday will update the forward guidance that was introduced a half-year earlier and embody new macroeconomic forecasts.  Minutes of today’s meeting will arrive on February 19.

Copyright 2014, Larry Greenberg.  All rights reserved.  No secondary distribution without express  permission.



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