• All MPC members judge that policy could need to be tightened faster than market expects if economy grows as forecast

Market news

14 tháng 9 2017

All MPC members judge that policy could need to be tightened faster than market expects if economy grows as forecast

  • BoE expects gdp growth of +0.3 pct qq in q3 2017, unchanged from aug forecast, stronger consumption possible

  • Says considerable risks remain, including response of households, businesses and markets to brexit process

  • Policymakers Ian Mccafferty and Michael Saunders voted to raise rates to 0.50 pct

  • Most of MPC judge some withdrawal of stimulus likely "over the coming months" if growth continues and underlying price pressures rise

  • All MPC members agree any bank rate increases would be at a gradual pace and to a limited extent

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
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.