Tajuk : The pound jumps as the Bank of England strikes a hawkish tone
link : The pound jumps as the Bank of England strikes a hawkish tone
The pound jumps as the Bank of England strikes a hawkish tone
LONDON — The pound jumped on Thursday lunchtime after the Bank of England held interest rates for another month, but struck a hawkish tone in doing so.
The bank’s Monetary Policy Committee voted 5-3 in favour of holding rates at their current levels, when just one member of the committee had been expected to back a rate hike.
Those members cited concerns about inflation overshooting its government mandated target of 2% substantially in recent months as their reason for backing a hike.
Falling sterling has pushed up the price of importing goods, passing through to everyday items that regular Brits buy.
As a result of the hawkish hold, investors are buying into the pound heavily on expectations that a rate hike could be close.
Sterling, which had been down a little in morning trade, popped higher just after 12.00 p.m. BST (7.00 a.m. ET), climbing to 1.2782 against the dollar, as the chart below illustrates:
Investing.com
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/2sDjmRP
(✿◠‿◠)✌ 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!
LONDON — The pound jumped on Thursday lunchtime after the Bank of England held interest rates for another month, but struck a hawkish tone in doing so.
The bank’s Monetary Policy Committee voted 5-3 in favour of holding rates at their current levels, when just one member of the committee had been expected to back a rate hike.
Those members cited concerns about inflation overshooting its government mandated target of 2% substantially in recent months as their reason for backing a hike.
Falling sterling has pushed up the price of importing goods, passing through to everyday items that regular Brits buy.
As a result of the hawkish hold, investors are buying into the pound heavily on expectations that a rate hike could be close.
Sterling, which had been down a little in morning trade, popped higher just after 12.00 p.m. BST (7.00 a.m. ET), climbing to 1.2782 against the dollar, as the chart below illustrates:
Investing.com
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/2sDjmRP
(✿◠‿◠)✌ 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!
dengan itu Perkara The pound jumps as the Bank of England strikes a hawkish tone
Kini anda membaca artikel The pound jumps as the Bank of England strikes a hawkish tone dengan alamat pautan https://timesnewmalaysia.blogspot.com/2017/06/the-pound-jumps-as-bank-of-england.html
Related Posts :
Haqiem Rusli Tak Sengaja Bersikap Biadab Pada Nabil Ahmad- This Is The Fastest and Easiest Way To Clear Clogged Arteries
- Pekerja Pos Laju Terkejut Lihat Sesuatu Bergerak Dalam Bungkusan
- Beli kain RM55 juta di Jakel: DAP buat laporan polis minta siasat Najib
- Video Terlampau Power Lelaki Tarik 7 Kereta Guna Anunya
0 Response to "The pound jumps as the Bank of England strikes a hawkish tone"
Catat Ulasan