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- Title
Markets and operations.
- Abstract
The article reviews the developments in sterling financial markets for the first quarter of 2010 in Great Britain. It shows that Bank of England's Monetary Policy Committee (MPC) voted to maintain the stock of asset purchases financed by central bank reserves at 200 billion pounds and the official Bank Rate paid on commercial bank reserves at 0.5%. It suggests that the developments overshadowed the impact of uncertainty associated with the outcome of the country's general election.
- Subjects
UNITED Kingdom; ECONOMIC conditions in Great Britain, 1997-; FINANCIAL markets; BANK of England; MONETARY policy; ELECTIONS; BANK reserves
- Publication
Bank of England Quarterly Bulletin, 2010, Vol 50, Issue 2, p77
- ISSN
0005-5166
- Publication type
Article