Wednesday, February 19, 2014

Minutes of the BOE's Feb. 5 and 6

Minutes of the BOE's Feb. 5 and 6 policy meeting, also published Wednesday, showed officials appear content that inflationary pressures in the U.K. remain under control, reinforcing their low-rate plan. They also record officials' strengthening confidence in the U.K. economy. Central bank staff expect the economy to expand 0.9% between January and March, and by around 1% in the second quarter.