Archive for July 9th, 2009

BOE: likely to expand QE to GBP 150bln from GBP 125bln

July 09th, 2009 | Category: Forex news
BOE likely to expand QE to GBP 150bln from GBP 125bln Some analysts think the BOE may request to up its ceiling beyond GBP 150bln All analysts expect BOE to leave interest rates unchanged at 0.50% It’s a near certainty that record low interest rates at today’s meeting will be left unchanged, with the focus solely on any potential extension of the BOE’s QE programme. The consensus is for the BOE to increase the size of its current QE programme by GBP 25 bln, which means asset purchases will


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