First Financial 2022-11-04 16:16:21
Editor in charge: Zhu Mengyun
The Bank of England raised interest rates by 75 basis points as scheduled, in line with market expectations. After the announcement of the interest rate decision, the pound fell against the dollar in the short-term. Why did the pound behave like this? The anti-inflation effect did not meet expectations, and the Fed’s interest rate hike front was significantly stretched. What is the difference between the US and UK inflation situation? The strength of the dollar is hard to change, how will the pound follow?
How do global central banks respond to the Fed’s extended interest rate hike front?丨Let’s talk about the city
The Bank of England raised interest rates by 75 basis points as scheduled, in line with market expectations. After the announcement of the interest rate decision, the pound fell against the dollar in the short-term. Why did the pound behave like this? The anti-inflation effect did not meet expectations, and the Fed’s interest rate hike front was significantly stretched. What is the difference between the US and UK inflation situation? The strength of the dollar is hard to change, how will the pound follow?