Preview: BOE rate/QE decision |
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Rates are currently 0.5% (all analysts going for unchanged) QE currently stands at GBP 175bln (consensus for GBP +50bln, ranging from unchanged to GBP +50bln) King(dom) of QE Despite widespread disparity concerning the accuracy of the -0.4% Q3 GDP data, there is a growing agreement between finance professionals that the BoE will vote to expand the size of its QE program. However this time it seem that the decision will be mainly driven by the mounting political pressure from the UK government
Filed under: Fundamental
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