Ashraf Laidi on SkyNews - January 22, 2014

Jan 22, 2014 17:19
Although UK unemployment is fast approaching the BoE's 7.0% threshold deemed a reference for considering raising interest rates, the central bank's knockouts remain firmly within the boundaries of maintaining asset purchases. With inflation finally reaching the 2.0% target and sterling's effective trade index at 6-year highs, the BoE can safely make the case for ongoing asset purchases in order to further cap gilt yields and further stimulate growth and employment. For tradable insights in FX & gold, visit

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