BoE's Pill: Normalizing monetary policy is not a race between countries – by eren_fxstreet BOE CentralBanks
is not a race between countries and markets are sometimes uncomfortable with that," Bank of England Chief Economist Huw Pill said on Tuesday.
Pill further argued that the UK government's fiscal response to the economic slowdown would free the monetary policy to address longer-term inflation dynamics. These comments don't seem to be having a noticeable impact on the British pound's performance against its rivals. As of writing, theInformation on these pages contains forward-looking statements that involve risks and uncertainties.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Crypto Lender Nexo Gets U.S. Bank Charter After Buying Stake in Regulated BankNexo’s bank license will bring users enhanced legal safeguards and help it expand its footprint in the U.S., the company said.
Les mer »
GBP/JPY dribbles around 155.50 amid BOE vs. BOJ action, pullback in yieldsGBP/JPY consolidates the previous day’s losses around 155.60 as traders seek more clues amid the mixed performance of the Bank of England (BOE) and th
Les mer »
GBP/USD Signal: Pound Sterling Could Have a Relief RallyThe GBP/USD crash to a record low in the overnight session even after assurances by the Bank of England (BoE) and the UK\u2019s Treasury Department.
Les mer »
Sterling hits record low, BoE fails to spark recoverySterling fell back towards an all-time low against the dollar on Monday, after a statement from the Bank of England (BoE) disappointed market expectations for an emergency rate hike to shore up the battered British currency.
Les mer »
BoE's Pill: We will not sell gilts into a dysfunctional marketBank of England (BOE) Chief Economist Huw Pill said on Tuesday that they will not sell gilts into a dysfunctional market, as reported by Reuters. 'We
Les mer »
Traders shrug after Bank of England says it 'won't hesitate' to raise rates to meet inflation targetThe Bank of England on Monday says it “will not hesitate” to raise rates if needed to meet its inflation target.
Les mer »