UK GDP fell 0.2% in Q4, 0.1% decline expected

Written January 25, 2012 at 4:34 AM EST by  

BoE bond-purchase vote 9-0, interest rate vote 9-0 to keep at 275 bln and 0.5% respectively.

Some MPC memberssaid further asset purchases likely.

Gbp/Usd a touch firmer, presently trading at 1.5655.

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