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Old 03-03-2010, 08:57 AM
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Default BOE to Stay Sidelined as Inflation Remains Strong in the Near-term

The BOE is expected to continue its 'wait-and-see' stance in monetary policy. At Thursday's meeting, the central bank should unanimously vote for keeping the official Bank Rate paid on commercial bank reserves at 0.5% and continuing with its program of asset purchases totaling 200B pound. The Committee will continue to...
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