Portafogli e Strategie (investimento) Goodbye, Great Bond Bull Market?
apaci2
Ad bestias
Titolo: DJ BOE Edges Toward Rate Increase If Economy Strengthens
Ora: 18/06/2014 10:49
Testo: By Jason Douglas and Paul Hannon
LONDON--Bank of England officials Wednesday signaled that interest rates in the U.K. could rise before the end of the year--but only if they are satisfied the economy can cope with higher borrowing costs.
Minutes of June's policy meeting, published Wednesday, show the nine-member Monetary Policy Committee voted unanimously to keep the BOE's benchmark interest rate at a low of 0.5% and the size of its bond-purchase portfolio at GBP375 billion pounds ($636 billion) when panel members met two weeks ago.
But the minutes also record that some officials are moving closer to voting for a rate increase and that policy makers believe investors in financial markets were attaching too low a probability to a rate rise this year.
"The relatively low probability attached to a Bank Rate increase this year implied by some financial market prices was somewhat surprising," the minutes record, referring to the BOE's benchmark rate.
The minutes echo a warning by BOE Gov. Mark Carney Thursday that rates in the U.K. could rise sooner than many were expecting. Investors now anticipate a rate rise by the year-end. Previously, they doubted the BOE would tighten policy until early 2015.
With inflation subdued, central bank officials have kept interest rates pegged at historic lows to spur recovery and put more Britons back to work. "All members agreed that, in the absence of other inflationary pressures, it would be necessary to see more evidence of slack beingabsorbed before an increase in Bank Rate would be warranted," the June minutes record.
Officials remain concerned that the U.K. economy, still healing after a financial crisis tipped it into recession in 2008, could struggle with higher rates. The minutes record that officials fret that if they move too soon to lift rates the result could be "considerable costs in terms of lost output."
Write to Jason Douglas at [email protected] and Paul Hannon at [email protected]
Ora: 18/06/2014 10:49
Testo: By Jason Douglas and Paul Hannon
LONDON--Bank of England officials Wednesday signaled that interest rates in the U.K. could rise before the end of the year--but only if they are satisfied the economy can cope with higher borrowing costs.
Minutes of June's policy meeting, published Wednesday, show the nine-member Monetary Policy Committee voted unanimously to keep the BOE's benchmark interest rate at a low of 0.5% and the size of its bond-purchase portfolio at GBP375 billion pounds ($636 billion) when panel members met two weeks ago.
But the minutes also record that some officials are moving closer to voting for a rate increase and that policy makers believe investors in financial markets were attaching too low a probability to a rate rise this year.
"The relatively low probability attached to a Bank Rate increase this year implied by some financial market prices was somewhat surprising," the minutes record, referring to the BOE's benchmark rate.
The minutes echo a warning by BOE Gov. Mark Carney Thursday that rates in the U.K. could rise sooner than many were expecting. Investors now anticipate a rate rise by the year-end. Previously, they doubted the BOE would tighten policy until early 2015.
With inflation subdued, central bank officials have kept interest rates pegged at historic lows to spur recovery and put more Britons back to work. "All members agreed that, in the absence of other inflationary pressures, it would be necessary to see more evidence of slack beingabsorbed before an increase in Bank Rate would be warranted," the June minutes record.
Officials remain concerned that the U.K. economy, still healing after a financial crisis tipped it into recession in 2008, could struggle with higher rates. The minutes record that officials fret that if they move too soon to lift rates the result could be "considerable costs in terms of lost output."
Write to Jason Douglas at [email protected] and Paul Hannon at [email protected]
apaci2
Ad bestias
apaci2
Ad bestias
amorgos34
CHIAGNI & FOTTI SRL
Dimmi, sono ancora in tempo..
Vendere il 5 anni? O giocarti la curva vendendo il 5 e comprando l ultra bond ?
Ultima modifica:
apaci2
Ad bestias
La mia scommessa era il long...
Domani verifico quante minus ho creato
P.s. Oggi partita decisiva per la Spagna
amorgos34
CHIAGNI & FOTTI SRL
Domani verifico quante minus ho creato
Ma cosa dici ?
E' a 2.61 (e spinge in giù)
apaci2
Ad bestias
Similar threads
