... that there are limits to what monetary policy can do, and the BoE sees inflation remaining above 2% for 2 years.
Analysis details (12:51)
- The front month Mar'13 contract trades lower by 1 tick at 99.48 last.
- Downside in gilts also adds to downside in short-sterling prices, with moves in UK fixed income largely driven by the comment that there are limits to what monetary policy can do.
13 Feb 2013 - 12:50 - - Source: RANsquawk
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