BoE’s Bailey: Doubts grow on how fast rates can be cut
Speaking before the Treasury Select Committee, Bank of England (BoE) Governor Andrew Bailey warned that while the direction for interest rates remains downward, there is “considerably more doubt” over how quickly cuts can be delivered.

Speaking before the Treasury Select Committee, Bank of England (BoE) Governor Andrew Bailey warned that while the direction for interest rates remains downward, there is “considerably more doubt” over how quickly cuts can be delivered. He added that risks to inflation have risen, even as he voiced more concern than his colleagues about the potential hit to jobs.

Key Quotes

Risk on inflation has gone up.
But I'm more concerned about downside job risks than MPC who voted to keep rates on hold.
Causes of UK inflation hump aren't due to fundamentals in UK economy.
I think path for rates will continue to be downwards.
There is considerably more doubt on how fast we can cut rates.
Market pricing suggests my message has been understood.
Upward risks to UK inflation come from supply side.


FXStreet
Trade The World
Lebih sejuta pengguna bergantung pada FXStreet untuk data pasaran masa nyata, alat carta, pandangan pakar dan berita Forex. Kalendar ekonomi yang komprehensif dan webinar pendidikan mereka membantu pedagang kekal bermaklumat dan membuat keputusan yang dikira. FXStreet disokong oleh pasukan kira-kira 60 profesional di ibu pejabat Barcelona dan pelbagai wilayah global.
Read More

LIVE QUOTES

Name / Symbol
Chart
% Change / Price
GBPUSD
1 D change
+0%
0
EURUSD
1 D change
+0%
0
USDJPY
1 D change
+0%
0

ALL ABOUT FOREX

Terokai Lebih Banyak Alat
Akademi Perdagangan
Layari pelbagai artikel pendidikan yang merangkumi strategi perdagangan, wawasan pasaran, dan asas kewangan, semuanya di satu tempat.
Ketahui Lebih Lanjut
Kursus
Terokai kursus perdagangan berstruktur yang direka untuk menyokong pertumbuhan anda di setiap peringkat perjalanan perdagangan anda.
Ketahui Lebih Lanjut
Webinar
Sertai webinar langsung dan atas permintaan untuk mendapatkan wawasan pasaran masa nyata dan strategi perdagangan daripada pakar industri.
Ketahui Lebih Lanjut