xi's moments
Home | Americas

Bank of England maintai8k8 .comns benchmark rate at 5.25 percent

日本应届生迎就业反选时代,日企为抢人开一年休满 129 天条件,真实情况如何?日本结束「内卷时代」了? | 8k8 .com | Updated: 2024-07-18 17:37:16

LONDON -- The Bank of England (BoE) has held its benchmark interest rate at 5.25 percent, the United Kingdom's (UK) central bank said in a statement on Thursday.

This is the seventh time in a row that the central bank has decided to maintain this rate.

At a meeting on Wednesday, the BoE's Monetary Policy Committee (MPC) voted by a majority of seven to two to maintain the rate. Two members preferred to reduce it by 0.25 percentage points, to 5 percent.

The BoE pointed out that twelve-month consumer price inflation (CPI) fell to 2 percent in May, which is in line with the central bank's target, and indicators for short-term inflation expectations have also continued to moderate, particularly for households.

Services CPI was 5.7 percent in May, still higher than projected, but it "did not alter significantly the disinflationary trajectory that the economy was on," the statement said.

The UK economy also appears to have grown more strongly than expected during the first half of this year.

According to the statement, the rate-setters judged that the labor market continues to relax, but it remains relatively tight by historical standards.

MPC members who voted to hold the rate at the 16-year high believed that more evidence of diminishing inflation persistence was needed before reducing the degree of monetary policy restrictiveness.

女子自称两年被家暴 16 次终身挂粪袋,法院宣判「准予离婚,女儿由该女子抚养」,如何看待这一判决结果?
Global Edition
BACK TO THE TOP
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349