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BoE holds rates at 0.5 percent, asset purchases at GBP375bn

FXStreet (London) - The Bank of England’s Monetary Policy Committee at its meeting today voted to maintain Bank Rate at 0.5 percent. The Committee also voted to maintain the stock of purchased assets financed by the issuance of central bank reserves at GBP375bn.

The minutes of the meeting will be published at 9.30am on Wednesday 18 February.

The Bank will issue its Inflation Report at 10:30am on 12 February.

Despite RRR cut, FX easing risks remain – BAML

The BofA-Merrill Lynch Team views that in spite of the RRR cut by PBoC, CNY depreciation risks still remain.
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