欢迎进Allbet欧博官网,欧博官网是欧博集团的官方网站。Allbet欧博官网开放Allbet注册、Allbe代理、Allbet电脑客户端、Allbet手机版下载等业务。

首页社会正文

足球{qiu}胜〖sheng〗负「fu」预《yu》测‘ce’(www.99cx.vip)_ANALYSIS-Weak pound and forceful Fed pressure Bank of England to act big

admin2022-06-169

足球胜负预测www.99cx.vip)是一个开放皇冠体育网址代理APP下载、皇冠体育网址会员APP下载、皇冠体育网址线路APP下载、皇冠体育网址登录APP下载的官方平台。足球胜负预测上足球分析专家数据更新最快。足球胜负预测开放皇冠官方会员注册、皇冠官方代理开户等业务。

,Even though Britain's economy shrank unexpectedly in April and there were some signs of inflationary forces in the labour market ebbing, the pound's slide and the increasingly hawkish stance of other central banks put the BoE in a tough spot.

LONDON: With Britain's currency sinking and the U.S. Federal Reserve poised to raise borrowing costs aggressively, Bank of England policymakers may suddenly feel pressured to announce an outsized interest rate hike of their own this week.

Even though Britain's economy shrank unexpectedly in April and there were some signs of inflationary forces in the labour market ebbing, the pound's slide and the increasingly hawkish stance of other central banks put the BoE in a tough spot.

All but one of the 56 economists polled by Reuters last week expected the BoE to raise Bank Rate on Thursday to 1.25% from 1.0%, but many warn a rise to 1.5% could be a close call. ECILT/GB

Financial markets point to a roughly 43% chance of a 50 bps hike.

Recent events arguably show why.

Sterling on Tuesday slid below $1.21, its lowest since May 2020 – a headache for members of the Monetary Policy Committee who know that a weak currency will exacerbate inflation in the months ahead, with Britain reliant on energy imports.

The pound has fallen 4.5% against the dollar since late May, when finance minister Rishi Sunak announced further help for households facing a hefty cost-of-living hit - a package that economists had thought might shore up confidence in Britain's economic outlook, and with it the currency.

The boost to sterling did not last long, however, as U.S. inflation accelerated more than expected, intensifying bets on Fed rate hikes.

Last week, the European Central Bank flagged rate hikes at its next two meetings, including a possible half percentage-point rise in September.

The BoE's trade-weighted sterling index GBPTWI=BOEL, which measures the pound against a basket of currencies, fell on Monday to its lowest since January last year.

HAWKISH CENTRAL BANKS

Brexit tensions - namely the escalating row over Northern Ireland's status that threatens to upend British trade ties with the European Union - have also hurt the pound.

Worse yet could follow if, as financial markets increasingly expect, the Fed on Wednesday raises its main interest rate by 75 basis points, which would be its biggest increase since 1994, further boosting the dollar at sterling's expense.

The central banks of India and Australia have already raised rates by 50 basis points, the latter coming as a hawkish surprise to investors.

"If the Bank starts to lag behind, then that would probably increase the downward pressure on the pound," said Paul Dales, chief UK economist at Capital Economics.

"That would actually influence the Bank of England's projections for its inflation target in three to four years time, which is what it's aiming for," he added.

网友评论

最新评论

  • 皇冠新现金网 08/26 说:

    欧博亚洲注册www.aLLbetgame.us),欧博官网是欧博集团的官方网站。欧博官网开放Allbet注册、Allbe代理、Allbet电脑客户端、Allbet手机版下载等业务。

    人有多少啊

  • 皇冠新现金网 08/26 说:

    欧博亚洲注册www.aLLbetgame.us),欧博官网是欧博集团的官方网站。欧博官网开放Allbet注册、Allbe代理、Allbet电脑客户端、Allbet手机版下载等业务。

    人有多少啊

  • 皇冠下载 08/26 说:

    “科比让我的职业生涯更上一层楼”都给我看这篇!

  • 皇冠APP 08/26 说:

    FiLeCoin合租矿机www.ipfs8.vip)是Filecoin致力服务于使用Filecoin存储和检索数据的官方权威平台。IPFS官网实时更新FiLecion(FIL)行情、当前FiLecion(FIL)矿池、FiLecion(FIL)收益数据、各类FiLecion(FIL)矿机出售信息。并开放FiLecion(FIL)交易所、IPFS云矿机、IPFS矿机出售、IPFS矿机合租、IPFS算力合租、IPFS招商等业务。

    可以多写点吗

  • 皇冠app怎么下载 08/26 说:

    USDT场外交易网www.Uotc.vip)是使用TRC-20协议的Usdt官方交易所,开放USDT帐号注册、usdt小额交易、usdt线下现金交易、usdt实名不实名交易、usdt场外担保交易的平台。免费提供场外usdt承兑、低价usdt渠道、Usdt提币免手续费、Usdt交易免手续费。U担保开放usdt otc API接口、支付回调等接口。

    我真的服

  • 新2会员手机管理端 08/26 说:

    欧博亚洲客户端www.aLLbetgame.us),欧博官网是欧博集团的官方网站。欧博官网开放Allbet注册、Allbe代理、Allbet电脑客户端、Allbet手机版下载等业务。

    来了来了我来了

  • 皇冠注册平台 08/26 说:

    FiLeCoin行情www.ipfs8.vip)是Filecoin致力服务于使用Filecoin存储和检索数据的官方权威平台。IPFS官网实时更新FiLecion(FIL)行情、当前FiLecion(FIL)矿池、FiLecion(FIL)收益数据、各类FiLecion(FIL)矿机出售信息。并开放FiLecion(FIL)交易所、IPFS云矿机、IPFS矿机出售、IPFS矿机合租、IPFS算力合租、IPFS招商等业务。

    看得过瘾

  • 新2代理网址 08/26 说:

    USDT交易所www.Uotc.vip),全球頂尖的USDT場外擔保交易平臺。

    好看,特别精致的文