» UK: BoE Sees No Need for Urgent Further Action? Decision Economics

UK: BoE Sees No Need for Urgent Further Action?

Posted August 8, 2012 by Editor

The latest (August) BoE Inflation Report provided some rationale for the MPC decision this month not to extend its asset purchases. Admittedly, the Report seemingly leaves open scope for a further increase in asset purchases at some juncture, especially as the projections cannot fully incorporate the risks stemming from what could be disorderly developments in the Eurozone, at least over and beyond those already evident in funding costs and confidence.

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