On Thursday, Bank of England published data on leaving the base rate at around 0.5%, a historic low. Also the bank kept the former volume of purchase of assets at the level of 375 billion pounds sterling. Such a decision is expected by experts, in view of the fact that the bank will not act until his appointment as head of the bank's Mark Carney.
The economist of the Investec Securities company Victoria Clark, notes that Mark Carney's arrival becomes a push for steady growth and will entail more considerable changes, than extension of the program of crediting is simple.
Work of the British regulator will be reoriented on stimulation of banks to provide loans to small and medium-sized enterprises, as well by offering cheaper rates to finance than those they receive in the financial markets.
The Ministry of Finance and the Bank of England are going to extend the scheme until the end of 2014 and to increase the number of banks that will be part of it.
The pound sterling continued to fall, breaking important support - MF sloping channel - said the expert faculty of online learning Trading System Masterforex-V. The next major support will be the MF pivot 1.5197, a break and consolidation under which indicate a change of the long-term trend. Resistance at 1.5605 stands high in May.
