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Sterling, McCafferty, and BOE Policy

Sterling’s advance today is being attributed to comments by a member of the Bank of England’s Monetary Policy Committee McCafferty. However, we suspect it was a news item that was used to justify the price...

BoE launches more QE – £75 bn in fresh stimulus

WORLD MARKET : London – Highlighting its concern of global economic tensions threatening the U.K. recovery, The Bank of England(BoE) decided Thursday to restart its program of asset purchases. BoE’s monetary policy committee voted to...