hexun Exchange message Wednesday (11th) United Kingdom Central Bank published the inflation report, in the report in the United Kingdom's Central Bank raised its United Kingdom inflation expectations, United Kingdom's Central Bank said interest rates in line with market expectations, CPI increases slightly higher than the 1.9% the next two years (February estimate is 1.62%).
the United Kingdom's Central Bank expects CPI increases were more likely to reach 5% in 2011 a later, more likely to more than 2% for the year 2012. This will be more than United Kingdom Central Bank's inflation-control target. United Kingdom Bank of Mervyn King (King) that the monetary policy Committee (MPC) want to ensure that restore 2% of the CPI in the medium term target level. While United Kingdom money market Committee is expected, United Kingdom's Central Bank may raise rates before December of this year, after expected for January next year.
previously expected in the United Kingdom Central Bank worried about economic recovery has not been mentioned, suggesting that the United Kingdom central banks might be more attention to the problem of inflation.
under the influence of the GBP/USD rose almost 100 points, highest rate reaching 1.6485, subject to the 200-hour averages of repression. If the pounds, break through the resistance level, future higher line is expected to further.
