BoE's governor Bailey: Inflation expectations remain well-anchored

Market news

24 May 2021

BoE's governor Bailey: Inflation expectations remain well-anchored

MPC does not currently think negative rates will be needed
In medium term, MPC judges that the pace of expansion in UK GDP slows as supply growth returns to its subdued longer-term trend
Transitory CPI developments should have few direct implications for inflation over the medium term
Current guidance on QE unwind is too prescriptive

BoE's deputy governor Cunliffe emphasizes the guidance that BoE will not tighten policy until we have clear evidence that progress is being made in eliminating spare capacity

FX Positioning: A pause in USD speculative selling - ING

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.