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And the bank’s analyst, George Saravelos, said in a research note that the British Central Bank should raise Benefit At a large rate as soon as possible during the next week, in order to be able to restore its credibility with the market.
The yield on British government bonds rose by the largest daily pace in more than three decades, on Friday, as witnessed by Sterling pound A decline of about 3 percent after the British government announced details of a new plan aimed at reducing taxes.
Saravelos added that the decision Bank of England Canceling plans to sell government bonds could make matters worse, indicating that the Bank of England’s strong signal that it is ready to do everything possible to cut inflation Quickly, and making real returns positive, will help the country’s economy.
The Bank of England has raised interest rate Last week, it increased by 50 basis points, to 2.25 percent.
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And the bank’s analyst, George Saravelos, said in a research note that the British Central Bank should raise Benefit At a large rate as soon as possible during the next week, in order to be able to restore its credibility with the market.
The yield on British government bonds rose by the largest daily pace in more than three decades, on Friday, as witnessed by Sterling pound A decline of about 3 percent after the British government announced details of a new plan aimed at reducing taxes.
Saravelos added that the decision Bank of England Canceling plans to sell government bonds could make matters worse, indicating that the Bank of England’s strong signal that it is ready to do everything possible to cut inflation Quickly, and making real returns positive, will help the country’s economy.
The Bank of England has raised interest rate Last week, it increased by 50 basis points, to 2.25 percent.