观点英国manbetx20客户端下载

UK interest rates are too restrictive
FT社评:英国的利率过于限制性

But uncertainty and a spike in near-term inflation warrants a cautious approach to cuts
在manbetx20客户端下载 形势不明朗的情况下,渐进式降息可以为英国央行提供更大的灵活性。
The Bank of England cut interest rates to 4.5 per cent last week. A gradual approach gives the central bank more flexibility at a time when economic clarity is lacking

The Bank of England’s decision to cut interest rates by 25 basis points last week was widely anticipated, but it still stunned some economists. That’s because Catherine Mann, the Monetary Policy Committee’s arch-hawk, suddenly switched from calling for the cost of credit to stay where it is, to voting for a jumbo half-point cut. Her argument, outlined in an interview in the Financial Times on Tuesday, was that Britain’s economic outlook had weakened substantively, putting rate-setters on the back foot. As things stand, she is not wrong.

英国央行上周将利率下调25个基点的决定符合广泛预期,但仍令一些manbetx20客户端下载 学家感到震惊。这是因为货币政策委员会的头号鹰派凯瑟琳•曼(Catherine Mann)突然从呼吁保持信贷成本不变转向支持大幅降息50基点。她在周二接受英国《金融时报》采访时概述了自己的理由,即英国的manbetx20客户端下载 前景已被显著削弱,使得利率制定者处于被动地位。就目前的情况来看,她没有错。

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