Forex Flash: BoE to hold policy rates unchanged at 0.5% in 2013/14 - UBS

FXstreet.com (San Francisco) - The BoE is expected to hold its monthly meeting next Thursday April 4th at 11 GMT. Market expects the bank to remain unchanged in its interest rate at 0.5% and the size of the Asset Purchase Facility at £375B. So UBS, but the bank also expects the BoE to remain unchanged the whole 2013 and in 2014.

UBS' analysts Geoffrey Yu, Manik Narain and Gustavo Arteta expect "the BoE to hold policy rates unchanged at 0.5% in 2013/14." In the analyst view, "the BoE will not expand its QE programme this time around."