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  • Bank of England Inflation Report February 2013

    From bankofengland.co.uk

    Read Full Story at bankofengland.co.uk

    Over the past year, there has been considerable volatility in quarterly output growth. Looking through the influence of temporary factors, overall output appears to have been broadly flat. In large part that reflects sharp falls in particular sectors of the economy that are unlikely to be repeated in 2013. In contrast, the combined output of the manufacturing and services sectors has grown modestly. The weakness in overall output sits in sharp contrast to continued strong employment growth, suggesting that the financial crisis may have had some impact on the effective supply capacity of the economy. ... (full story)

    • Feb 13, 2013 5:41am | Edited at 5:58am
    • #2
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    • Guest

      IP XX.XXX.112.246
    • Central banks around the world continue lie about inflation to justify the continuation of asset purchases. The GDP graph projections show that the effects of asset purchases are declining

    • Guest

      IP XXX.XXX.15.100
    • waiting for a another contradictory speech.

    • Rasfilmon
      Rasfilmon's Avatar

      70 posts
    • When spikes are almost equally matched in both north and south side of the chart what does it mean? Manipulation? 50 + pips to the north and then in a split second -100 pips to the south, is it irrationality?

    • Mohsen75

      9 posts
    • Since japan decreased the value of its currency , uk & usa have to do the same to make balance

    • Guest

      IP XX.XXX.197.202
    • surely everyone expecting shorts but the news took everybodys stops out resulting in a massive sell off, hence the southward move! Surely this is the reason?

    • Exodus
      Exodus's Avatar

      1,119 posts
    • Quoting Rasfilmon
      When spikes are almost equally matched in both north and south side of the chart what does it mean? Manipulation? 50 + pips to the north and then in a split second -100 pips to the south, is it irrationality?
      It means that there are a lot of trigger-happy traders out there. He has talked-down the British pound, which is good for two reasons; it will improve the prospects for exports, and it will maintain inflation at its current level because oil prices will rise - the public will moan about that.

    • chukuweike
      chukuweike's Avatar

      9 posts
    • The markets saw this coming... So why the spikes on both sides(bullish and bearish)?

    • Nut
      Nut's Avatar

      127 posts
    • Quoting Exodus
      It means that there are a lot of trigger-happy traders out there. He has talked-down the British pound, which is good for two reasons; it will improve the prospects for exports, and it will maintain inflation at its current level because oil prices will rise - the public will moan about that.
      I would agree if we manufactured anything tangible worth exporting. We are looking at the City of London and Costa Coffee to get the country out of the mire.

    • WaseemButt

      28 posts
    • i got chance to avail to sell but not got anything except the stop hit... hahaha... but i took back my lose............wow

    • Guest

      IP XXX.XX.40.139
    • now what will it do?

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