News Headline Summary

BoE's Bean says BoE has not closed the door on further asset purchases

- Q4 will be weak, UK GDP decline is possible.
- FLS impact not so visible on corporate credit supply.
- UK domestic inflation not too much of a concern.
- FLS may boost demand, creating virtuous circle.
- Euro area remains biggest downside risk to outlook.

Update details:

- Comments echo the recently released Quarterly Inflation report, where the governor stated that the Bank may undertake further asset purchases in the future but sees no need for such operations at present.

Print 07:41, 28 Nov 2012 - BoE - Source: Newswires