Articles

BoE Denies Buying Back of Mortgage Securities with Public Funds

Bank of England (BoE) has denied a newspaper report that there are plans for purchasing mortgage securities by using public funds in order to ease and end the current credit crisis.

Inflation Vs Interest rates

Many economists of UK feel that the inflation expectations by the public had greatly affected the price of requisite commodities such as petrol, gas and bread. Bank of England (BoE) is also concerned about the projected high inflation levels and the outlook of the public.