Central Banks
Add as a preferred source on GoogleThe Nov. 10 notice identifies each letter’s sender and recipient but does not summarize its contents.
The Bank of England published an exchange of two letters about its Asset Purchase Facility on Nov. 10, making public correspondence in both directions between the governor and the chancellor.
The central bank’s notice lists a letter from the governor to the chancellor and a second from the chancellor to the governor. It provides no further description of their contents.
The cap fell from £524.9 billion. Of the new ceiling, £362.4 billion is assigned to monetary policy and £120 billion to gilts supporting banknotes.
She backed the Bank’s Nov. 5 move to 4%, but said the Middle East conflict, energy prices and new data will shape her next vote.
FXStreet reported EUR/GBP at 0.8358 in a Tuesday update. Brent futures settled at $92.57 a barrel Monday, and UK GDP and production data are due Nov. 12.
