BoE Quarterly Inflation Report

The Pound has appreciated modestly following the release of the Bank of England’s Quarterly Inflation Report. The Pound has pushed back to 1.57 against the US Dollar from this morning’s low of 1.5676 and forced EURGBP back below 0.84p, currently at 0.8384 (GBPEUR 1.1927).

A copy of the Bank of England’s Inflation Report can be found at

http://www.bankofengland.co.uk/publications/inflationreport/ir12feb.pdf

Accurate at time of writing 10:40 15/02/12.