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Contact person: Mr. Zhang
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Beijing time on Thursday (July 1): The Bank of England announced its interest rate decision and meeting minutes. As expected by the market, it decided to lower the interest rate from . The Bank of England's base interest rate has been at a historically low level since January. After the announcement of the interest rate decision, the pound plunged sharply against the US dollar in the short term. Beijing time: The pound's decline quickly expanded to above. Gold and silver expanded their gains.
The Bank of England meeting minutes show that in the monthly interest rate resolution, the voting ratio for raising interest rates unchanged and cutting interest rates was (monthly). Most members are likely to support further cutting interest rates to 2019. If the subsequent data is consistent with expectations, one member of the committee will not support it. Expanded, respectively Weir, Forbes and McCafferty.
The minutes of the meeting also showed that the Bank of England will buy corporate bonds, but the committee has differences with corporate bonds. Members of the Monetary Policy Committee agreed to increase the scale of sterling asset purchases to 100 million. The Bank of England will purchase non-financial investment grade corporate bonds. The target is for companies that have made a huge contribution to the British economy, with an upper limit of 100 million pounds.
Hunan Weide Trading Center’s national recruitment agent contact number
Contact person: Mr. Zhang