Markets expected the British Central Bank cut interest rates next week 100%
According to 1xbet the Financial Times reported on 28th, United Kingdom since the unexpected exit of the referendum, news of the latest economic data continued, suggesting that the country’s economy has been strongly hit by the exit. Although accidents in July to sit on their hands, can they be “understandable” but now markets are pinning their hopes on “Savior” United Kingdom at a meeting in August, the Bank should do something.
The British Central Bank’s latest rate decision will be published August 4, foreign media figures reflected in interest rate futures contracts, the British Central Bank has 100% the probability of a rate cut next week, which is quite rare. United Kingdom Central Bank announced July 14 accident, maintained the benchmark interest rate unchanged at a record low of 0.5% after, United Kingdom has released a number of economic reports, no one does not imply that the United Kingdom take off Europe’s impact on the economy.
In addition, United Kingdom current officials of the former Central Bank officials and recent statements, also supported the British Central Bank’s monetary policy meeting on August 4 for further easing. United Kingdom Bank of well-known hawks, monetary policy Committee member Martin Weale’s recent attitude turn. United Kingdom 1xbet the Financial Times reported Monday, he hinted in the interview, he changed his mind, now in favour of an immediate economic stimulus measures. Before the Bank of England’s monetary policy Committee (MPC) Member David Blanchflower said Thursday in United Kingdom wrote in the guardian suggested, the British Central Bank may cut interest rates to negative territory. United Kingdom banking has told savers they might start charging due to savers to deposit cash.
The British Central Bank Governor Carney pointed out at the end of June, United Kingdom high economic uncertainty will continue deteriorating domestic economic Outlook, monetary easing is likely to need summer and thought that he should cut interest rates in the summer.