Tajuk : The Bank of England has appointed a new member to its hugely important Monetary Policy Committee
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The Bank of England has appointed a new member to its hugely important Monetary Policy Committee
LSE
LONDON — The Bank of England has appointed Professor Silvana Tenreyro as the newest member of the Monetary Policy Committee.
Tenreyro, currently an economics professor at the prestigious London School of Economics, will join as an external member and replace US economist Kristin Forbes, who leaves on June 30.
The MPC is highly important because it meets eight times a year to set UK monetary policy, including cutting, holding, or raising interest rates.
Last week the Committee voted by 5 to 3 to keep interest rates at a record low of 0.25% — where it has been fixed since last summer — and cap its Quantitative Easing programme at £435 billion, despite soaring inflation.
The fact that 3 members voted to raise interest rates mean that it could be moving towards a hike — most likely back up to 0.5% — and the question of whether Tenreyro is hawkish herself will be of interest to investors.
Read more stories on Business Insider, Malaysian edition of the world’s fastest-growing business and technology news website.
✍ Sumber Pautan : ☕ Business InsiderBusiness Insider
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LSE
LONDON — The Bank of England has appointed Professor Silvana Tenreyro as the newest member of the Monetary Policy Committee.
Tenreyro, currently an economics professor at the prestigious London School of Economics, will join as an external member and replace US economist Kristin Forbes, who leaves on June 30.
The MPC is highly important because it meets eight times a year to set UK monetary policy, including cutting, holding, or raising interest rates.
Last week the Committee voted by 5 to 3 to keep interest rates at a record low of 0.25% — where it has been fixed since last summer — and cap its Quantitative Easing programme at £435 billion, despite soaring inflation.
The fact that 3 members voted to raise interest rates mean that it could be moving towards a hike — most likely back up to 0.5% — and the question of whether Tenreyro is hawkish herself will be of interest to investors.
Read more stories on Business Insider, Malaysian edition of the world’s fastest-growing business and technology news website.
✍ Sumber Pautan : ☕ Business InsiderBusiness Insider
Kredit kepada pemilik laman asal dan sekira berminat untuk meneruskan bacaan sila klik link atau copy paste ke web server : http://ift.tt/2si0Zku
(✿◠‿◠)✌ Mukah Pages : Pautan Viral Media Sensasi Tanpa Henti. Memuat-naik beraneka jenis artikel menarik setiap detik tanpa henti dari pelbagai sumber. Selamat membaca dan jangan lupa untuk 👍 Like & 💕 Share di media sosial anda!
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