简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
BoE might need to cut rates sooner than thought, Tenreyro says
Abstract：LONDON (Reuters) – The Bank of England will probably need to start cutting interest rates sooner than previously thought after it raised them sharply since the end of 2021, monetary policymaker Silvana Tenreyro said on Tuesday.
LONDON (Reuters) – The Bank of England will probably need to start cutting interest rates sooner than previously thought after it raised them sharply since the end of 2021, monetary policymaker Silvana Tenreyro said on Tuesday.
“I expect that the high current level of Bank Rate will require an earlier and faster reversal, to avoid a significant inflation undershoot,” Tenreyro said in the text of a speech she was due to make at the Royal Economic Societys annual conference in Glasgow.
Tenreyro cast one of two votes to leave borrowing costs on hold in March while a majority of her colleagues on the Monetary Policy Committee backed a 25 basis-point increase in Bank Rate to 4.25%.
(Reporting by David Milliken; Writing by William Schomberg)
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
WikiFX Broker
Latest News
CWG Markets Got FSCA, South Africa Authorisation
WikiFXAmazon launches Temu and Shein rival with \crazy low\ prices
WikiFXCySEC Warns Against Unauthorized Investment Firms in Cyprus
WikiFXJUST Finance and UBX Launch Multi-Currency Stablecoin Exchange
WikiFXXM Revamps Website with Sleek Design and App Focus
WikiFXTradingView & Mexico’s Uni. Partnership, to Enhance Financial Education
WikiFXSomething You Need to Know About SogoTrade
WikiFXGlobal Shift in Cryptocurrency Taxation: Italy and Denmark Chart New Paths
WikiFXWebull Introduces 24/5 Overnight Trading to Extend U.S. Market Access
WikiFXeToro Launches Global-Edge Smart Portfolio: A Balanced Approach to Growth and Stability
WikiFXCurrency Calculator
