- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- BOE needs to be more robust to tackle rising inflation – UK Times
BOE needs to be more robust to tackle rising inflation – UK Times
“There is a serious mismatch between inflation and the level of interest rates in Britain,” said the UK Times in its latest analytical piece published during Thursday’s Asian session. The report gains major attention as the writer Andrew Sentence is a senior adviser at Cambridge Econometrics, as well as an ex-BOE member.
Key quotes
The rate of consumer prices inflation measured by the CPI is now 9 percent — four-and-a-half times the official target rate of 2 percent. The Bank of England is forecasting that CPI inflation will reach double-digit levels by the end of the year.
The expectations of the general public about future price rises are already shifting upwards. The latest Citi/YouGov survey, released just a few days ago, shows that inflation expectations for the next 12 months are more than 6 percent, and for the next five to ten years more than 4 percent.
Another factor pointing to the need for tighter UK monetary policy is the evidence from the housing market, where property prices have been rising at about 10 percent or more for some time.
In addition, the inflation surge we face is a cocktail of many influences. Some of these — tight labor markets, widespread price increases and high price expectations — threaten to prolong high inflation for a number of years.
All this points to the need for more robust action by the Bank, and other central banks, in raising interest rates over this summer, and beyond.
If I were a member of the MPC now, I would be looking to raise the official UK interest rate to at least 2 percent by the autumn and to about 3 percent by next spring.
Also read: GBP/USD Price Analysis: 100-SMA tests bears below 1.2500
© 2000-2025. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.
Банковни транcфери
