Bank of EnglandMonetary Policy CommitteeForecast-based Interest Rate RulesTo assess the Bank of England Monetary Policy Committee decisions about the Official Bank Rate under forecast uncertainty, I estimate simple forecast-based interest rate rules augmented by the forecast standard deviations recovered ...
On the same day, the National Bureau of statistics released the latest employment figures, showing that the unemployment rate in the third quarter of 2011 increased to 8.3%, reaching the highest level in 15 years. Analysts generally believe that the judgment of the Bank of England on economic ...
The Bank of England has,in their hands,a growth forecast for the economy in the next year.这是原句 相关知识点: 试题来源: 解析 in their hands是在他们的手中:可理解为到手(自已完成) 持有或掌握(他人的东西)a growth forecast,有一份增长预测,用 a 而不是用 the,相信是自已完成而不是某份特...
The Bank for England downgraded its outlook for inflation over the coming year, pushing sterling lower as investors digested the message from the latest quarterly Inflation Report that there is less chance of any interest rate hikes happening until the second half of next year. Inflation projections...
UK inflation rose above 3% last year and held at 3% during January, thanks largely to the post-referendum fall in Sterling that has made imports more expensive to buy and pushed the Bank of England into its first interest rate rise for a decade. ...
But since the report was written, traders have already added an extra rate hike to their projections for borrowing costs in the future. The outlook, on the basis of the report itself, is for interest rates to remain low for some time....
LONDON, Nov. 1 (Xinhua) -- British central bank the Bank of England (BoE) Thursday forecast a fall for inflation over the coming months towards its target figure of 2 percent, reduced its forecast for GDP growth for 2018 and all but ruled out any rise in the bank rate before the forma...
a first analysis of the forecasts of inflation and GDP growth obtained from the Bank of England's Survey of External Forecasters, considering both the survey average forecasts published in the quarterly Inflation Report, and the individual survey responses, recently made available by the Bank. These...
(3.2) respectively; Section 4 provides a discussion of the results, with emphasis on the application of the model suitability matrix; and lastly, Section 5 concludes the main findings of the study and gives recommendations for future applications and further development of the model suitability ...
Capital Economics forecast further interest rate cuts in November.The article presents an economic forecast by Capital Economics for the month of November 2012 which is highlighted by a reduction of the Bank of England's base rate to 25 basis points based on trends from the U.S. Federal ...