empty
 
 
pk
سپورٹ
فوری اکاونٹ کھولیں
تجارتی پلیٹ فارم
رقم جمع کروانا / نکلوانا

08.02.201901:10 Forex Analysis & Reviews: Bank of England downgraded forecasts for economic growth due to Brexit

Long-term review

Exchange Rates 08.02.2019 analysis

The management of the Bank of England at a meeting on Thursday, February 7, unanimously voted to keep the key rate at 0.75. Regulatory officials said the UK economy slowed down late last year and early this year.

Representatives of the Bank of England said that the country's economy in 2019 could show the slowest GDP growth in 10 years due to the uncertainty around Brexit, as well as a slowdown in global growth.

At the same time, representatives of the regulator said that they would return to raising interest rates in the event of the implementation of a soft scenario of a country's exit from the EU.

In addition, the Bank of England downgraded the growth forecast for the country's economy in 2019 from 1.7% to 1.2%. The growth forecast for 2020 was also lowered - from 1.7% to 1.5%.

Roman Agafonov,
Analytical expert of InstaSpot
© 2007-2024
Benefit from analysts’ recommendations right now
Top up trading account
Open trading account

InstaSpot analytical reviews will make you fully aware of market trends! Being an InstaSpot client, you are provided with a large number of free services for efficient trading.

ابھی فوری بات نہیں کرسکتے ؟
اپنا سوال پوچھیں بذریعہ چیٹ.