On Tuesday, Huw Pill, Chief Economist at the Bank of England, remarked that while the passage of time and the absence of negative inflation news had brought interest rate cuts closer, they were still not imminent.
Investors scaled back their expectations for a rate cut by the Bank of England in the upcoming months following Pill's remarks, causing the central bank's August meeting to no longer be fully factored in as the initial reference point.
Pill indicated that service inflation and wage growth rates of approximately 3-4% would align with the 2% target, in contrast to the current rates of approximately 6%.
Earlier on Wednesday, rate-setter Jonathan Haskel said more slack in Britain's labor market was needed to be confident that inflation will stay at 2%.
Pill stated that the Bank of England has the potential to adjust its policies autonomously from the U.S. Federal Reserve and the European Central Bank. The latter institution appears inclined to decrease interest rates in June.
风险提示：以上内容仅代表作者或嘉宾的观点，不代表 FOLLOWME 的任何观点及立场，且不代表 FOLLOWME 同意其说法或描述，也不构成任何投资建议。对于访问者根据 FOLLOWME 社区提供的信息所做出的一切行为，除非另有明确的书面承诺文件，否则本社区不承担任何形式的责任。
FOLLOWME 交易社区网址: www.followme.ceo
共 5 FCOIN赞赏
加载失败()