英国央行如期维持利率不变 对未来降息持谨慎态度

Core Viewpoint - The Bank of England has decided to maintain interest rates at 4% due to heightened concerns over inflation, signaling a cautious approach towards future rate cuts [1][2]. Group 1: Monetary Policy Decisions - The Monetary Policy Committee voted 7 to 2 to keep rates unchanged, with some members advocating for a 25 basis point cut [1]. - The Bank warned that any future rate cuts will be gradual and dependent on the easing of underlying inflationary pressures [1]. - The decision to slow down the reduction of government bond holdings was made, with plans to reduce the balance sheet by £70 billion annually starting in October [2]. Group 2: Inflation and Economic Indicators - Current inflation is nearly double the Bank's target of 2%, with recent data showing signs of stabilization in the labor market [2]. - The Bank expects inflation to reach 4% this month, with particular concern over rising food prices [3]. - Economic growth in the UK has outperformed other G7 countries, with a revised GDP growth forecast of 0.4% for Q3 [3]. Group 3: Market Reactions - Following the rate decision, UK bond prices rose slightly, and the yield on 10-year UK government bonds fell by 1 basis point to 4.62% [1]. - The GBP/USD exchange rate continued to rise, increasing by 0.1% to 1.364 [1].