Bank of England: No Change is Policy Settings

March 6, 2014

The Monetary Policy Committee released its standard statement for times when policy is not changed.  As such, no meaningful fresh information about the current policy stance was provided.  The Bank Rate has been at 0.5% since March 2009, and the asset purchase ceiling of GBP 375 billion has been used fully since November 2012.  Minutes will be published on March 19.

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

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