LONDON (MNI) - The Bank of England said Wednesday it received no bids at its latest 7-day unlimited dollar repo operation.

The dollar repo operations were reintroduced by the Bank of England as part of a co-ordinated move by G7 central banks to inject dollar funds into the money markets if needed.

LONDON ((MNI) - The Bank Of England said Wednsday it was offering an unlimited supply of U.S. dollars in a 7-day repo operation, settlement date Sep 2 maturing Sep 9 2010.

The Bank said the repo would be at a fixed-rate, with the rate to be set at 1.19%.

LONDON (MNI) - The YouGov/Citi survey of UK inflation expectations among the general public has revealed a climb in short-term inflation expectations.

The median for inflation expectations in the year ahead rose to 2.9% y/y in August from 2.7% y/y in July, just slightly below the 3.0% peak seen in June.

LONDON (MNI) - The YouGov/Citi survey of UK inflation expectations among the general public has revealed a climb in short-term inflation expectations.

The median for inflation expectations in the year ahead rose to 2.9% y/y in August from 2.7% y/y in July, just slightly below the 3.0% peak seen in June.

London (MNI) - The following table shows key results of the BOE's July personal lending and broad money data, including M4 excluding intermediate other financial corporations.

Approvals for Net Mortgage M4 M4 House Purchase Lending ex-IOFCs ex-IOFCs Mortgages Stg mln 1m 3m annualised 2010 Fe

London (MNI) - July mortgage approvals came in a little higher in July than June, defying analysts' predictions for a fall, but the Bank of England's favoured measure of broad money growth showed no growth on the month and weak annual growth.

The data showed almost non-existent net mortgage borrowing in July, low net unsecured borrowing and, while mortgage approvals rose, they are still a long way below their long run average.

By Steven K. Beckner

JACKSON HOLE, Wyo. (MNI) - A top International Monetary Fund official suggested Saturday that the IMF needs to play an increasing role as a provider of liquidity in crisis situations.

John Lipsky, first deputy managing director of the IMF, also suggested an increased role for Special Drawing Rights, the Fund's basket-currency unit as he addressed the Kansas City Federal Reserve Bank's annual symposium.

By Steven K. Beckner

JACKSON HOLE, Wyo. (MNI) - Charles Bean, deputy governor of the Bank of England, expressed concern Saturday about unrealistic expectations of what monetary policy can accomplish.

Meanwhile, Bundesbank President Axel Weber said that governments must come to grips with their practice of considering major financial institutions "too big to fail" if central banks are to be able to conduct monetary policy normally.