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18 Apr 2013
Forex Flash: yesterday´s BoE Minutes show votes remain the same - BBH
FXstreet.com (Barcelona) - Brown Brothers Harriman analysts note that the Bank of England minutes from the April meeting released yesterday show that the vote for extending QE remained the same as the March meeting.
The add that Governor King voted with Fisher and Miles to expand gilt purchases by GBP25 bln and the UK also reported February labor market data, with unemployment rising to 7.9% vs. consensus for a steady rate at 7.8%. They write, “With the window effectively closed for any policy change ahead of Carney taking the helm, data over the coming months will be important in determining what, if anything, Carney will do.”
The add that Governor King voted with Fisher and Miles to expand gilt purchases by GBP25 bln and the UK also reported February labor market data, with unemployment rising to 7.9% vs. consensus for a steady rate at 7.8%. They write, “With the window effectively closed for any policy change ahead of Carney taking the helm, data over the coming months will be important in determining what, if anything, Carney will do.”