the same time, after the announcement of the recent series of poor economic data, after weighing the pros and cons in the fragile economy and high inflation, the Bank of England in the dilemma clearly cares more about economic stability. Bank of England governor Mervyn King (Mervyn King) has been the defense of the interest rates unchanged.
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the emerging
market is another a scene.
Beijing time on June 9, the Bank of England Monetary Policy Committee (MPC) announced interest rate decision, announced to keep interest rates unchanged at 0.5%, the same time, the resolution of the Bank of England remained the scale of quantitative easing at £ 200 billion (equivalent to 328 billion dollars) the same interest rate and scale of quantitative easing in line with market expectations.
Europe, the United Kingdom the two central bank interest rates unchanged
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It is reported that Brazil in April 2011 annual inflation rose to 6 World pipe network reported that the world's steel pipe network to provide the world's steel pipe network editor .51 percent, higher than the 6.5% range limit set by the Central Bank of Brazil, this is also the first time since 2005, inflation in May is accelerated to 6.55%.
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Brazil, announced on Thursday once again raised the benchmark interest rate 25 basis points to 12.25 percent, which is the country during the year 2011 the fourth rate hike, the Brazilian interest rates in the G20 countries topped the list, and from the statement and not imply that the rate hike once the end of market forecasts of possible future rate increases will continue.
on the 3rd of this month a survey of the Brazilian central bank, analysts expect interest rates in Brazil will reach 12.50% in July, and this level of interest rates will remain to the end of this year. Indicates that in the second half of the year, Brazil will raise interest rates again at least once. The next time the window of time in Brazil's interest-rate from July 19 to 20 days.
said in the statement Thursday's rate hike, the Brazilian central bank will ensure a long enough period of time "to maintain the high level of borrowing costs and inflation return to the 2012 target.
UBS economist on Thursday is expected for 2013 will be substantially the continuing rise in inflation volatility will aggravate the world's major markets will be affected, which mainly are due during the financial crisis, the central bank increases the money supply.
monetary policy makers in April and expressed the hope that through continuous sustained rate increases, with government spending cuts, the control of rapid credit growth, consumer prices in 2012 to control the target areas. At present, continued to raise interest rates in Brazil have been the real against the U.S. dollar exchange rate rose by 17%.
again to discuss interest rates intensive phase of the Beijing Thursday evening, Europe, the United Kingdom and the central bank's rate decision to maintain the current interest rates unchanged, in line with market expectations; emerging market countries, however, is still difficult and high inflation protests, Brazil's central bank announced the same day raised the benchmark interest rate to 12.25%.
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The meeting was the first meeting after the resignation of the Bank of England Monetary Policy Committee hawks Andrew Sen Tansi (Andrew Sentance) after UK inflation rate has exceeded the 2% target set by the Government, Andrew has led the appeal plus interest rates. Prior to the resolution of the rate hike had been opposition from senior officials of the Bank of England financial market, after the resignation of Andrew, the Bank of England to raise interest rates further eliminate pressure. The next interest rate meeting will be July 17.
emerging markets of Brazil 's War
British National Bureau of Statistics said on Thursday the data show that the United Kingdom in April merchandise trade account deficit of 7.4 billion pounds World pipe network reported that the world's steel pipe network to provide the world's steel pipe network editor , the expected deficit of 7.55 billion pounds; month rate of merchandise exports rose 0.1% in April, the month rate of imports of goods decreased by 0.9%.
market, the Philadelphia Federal Reserve Bank President Charles Palao Se, Charles Plosser also said Thursday that the Fed must make clear that will not let inflation out of control, and the formal establishment of an inflation goals.
The same day, the European Central Bank kept its benchmark interest rate to 1.25 percent overnight deposit rate unchanged at 0.5%, the overnight lending rate unchanged at 2 percent.
the same day, the Reserve Bank of New Zealand announced that interest rates unchanged.
the
market analysts believe that the remarks Although Bibonanke the slightly optimistic, said the Fed will not let inflation continue to rise, but in fact that further implementation of quantitative easing measures, the threshold is very high.