Posts Tagged ‘bank of england’
GBP Slides Following BoE Inflation Report; King Tries to Toning Down Expectations
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Wednesday, 16 February 2011 14:04
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The Bank of England – in its Quarterly Inflation Report – said that its central forecast for inflation is for inflation to peak at 4.4% this year before easing to the 2 % goal by the middle of 2012. It would then actually fall below the target by the end of the forecast period.

 
Inflation Report Sends British Pound Sliding
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Wednesday, 16 February 2011 13:59
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The Bank of England today dampened recent speculation that it will meet market demands for any interest rate increase and in the process sent the pound tumbling. A positive session for Asian equities maintained pressures on the Japanese yen, which fell against 12 of its 16 major partners.

 
London Session: The King’s Speech
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Wednesday, 16 February 2011 11:12
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It’s all about the pound this morning and the market waits with bated breath for the King’s Speech – this time it’s not Colin Firth who takes the stage, but Mervyn King, the Governor of the Bank of England. All eyes will be on him over the next hour or