News
        Will the Bank of England raise interest rates in May after Carney downplays expe


 bearing in stock

if you are interested in it , Get free samples :sales@edabearings.com

"I do not want to focus too much on precise timing, but rather on the direction of the general direction," Carney told Broadcasting British Corporation news channel (BBC).
He said Britain should prepare for several interest rates in the next few years.
"I believe there will be a number of different views, but this will be the point of view we will hold in the early May (the next meeting of the Bank of England Monetary Policy Committee) to know that there are other meetings this year."
Why **5 monthly interest rates are questioned * *
Carney called the recent economic data "mixed."
The data showed that the United Kingdom had the lowest unemployment rate since 1970s in the three months to February, but the overall salary increased less than expected, and the retail sales data in March were also drastically reduced by snowfall.
In addition, a salary increase data previously referred to by Carney as evidence of rising inflationary pressures has recently weakened.
He told lawmakers in February that the monthly salary increase in three months has exceeded 3% in several months. But the latest data show that the data in February has dropped to only 0.8%.
* * * how does the market say * * *
The price of British government bonds rose on Friday.
The trend of the swap market shows that the possibility of raising interest rates by the Bank of England in May has dropped from 70% earlier this week to below 50%.
The pound fell further to $1.4030 on Friday, before falling nearly 1% in the New York market.
Hammond (Xia Wenda, Philip Hammond), the British exchequer, said on Friday that according to the reaction of the pound, the financial market seemed not to be in line with Carney's idea.


PREVIOUS:No longer a haven? The recent fall and fall of the Swiss Franc sparked a Russian        NEXT:The United States is preparing a historic meeting of the leaders of the north an