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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