The Bank of England did not change his feet. “Inflation should start to go to the destination from next year”

The Bank of England has maintained the main interest rate of 4.25 percent. – the bank informed in a message after the meeting.

Analysts surveyed by the Bloomberg agency expected Boe to leave a percentage feet. without changes. During the previous meeting, the bank lowered the percentage rates. by 25 pb. In the current cycle of loosening monetary policy, Boe reduced the main percentage of by 100 pb.

Three bankers from Boe voted for a reduction by 25 pb, and six people for leaving interest rates unchanged.

Boe said in a message that inflation should start falling to the destination from next year.

“It is expected that consumer price inflation will remain at the current level for the rest of the year before it falls towards the target next year,” it was written in a statement.

“The measures of the wage growth are still moderate and, like in May, the Committee expects a significant slowdown in the rest of the year. The committee remains alert as to the extent to which mitigation of wage pressure will translate into inflation of consumer prices,” he added.

Boe announced that a cautious approach to monetary policy remains advisable.

“Monetary policy will have to remain restrictive for a long enough time, until the risk factors for the permanent return of inflation to the target 2 percent. In the medium period they are further dispersed” – it was written in a message after a bank meeting.

“Given the economic perspectives and constant disinfection, a gradual and cautious approach to further withdrawal of restrictions in monetary policy remains proper. The monetary policy is not on a predetermined path” – added.

After the decision, the pound exchange rate reduces by 0.06 percent. against the dollar to 1.3410. (PAP Biznes)

KEK/