Bank of England's Bailey speaks to lawmakers
Thursday, November 17, 2022
© Reuters. FILE PHOTO: Governor of the Bank of England Andrew Bailey attends the Monetary Policy Report News Conference at The Bank of England, in London, Britain November 3, 2022. REUTERS/Toby Melville/Pool/File Photo LONDON (Reuters) - Bank of England Governor Andrew Bailey and other top officials from the British central bank spoke to lawmakers in parliament on Wednesday, two weeks after the BoE raised interest rates by the most since 1989 to tackle inflation.
Below are quotes from Bailey and his colleagues from the Monetary Policy Committee (MPC) in a question-and-answer session with parliament's Treasury Committee.
BAILEY ON SUPPLY SHOCKS:
"What we have had since then (the pandemic) is a series of supply shocks, essentially, in the UK economy, which have reduced the ... supply capacity of the UK economy relative to demand."
"There was a supply chain shock in the recovery from Covid ... We are now seeing the evidence of that shock is coming off."
BAILEY ON NOT TAKING A PAY RISE:
"I'm not going to take a pay rise. It's not for me to decide but if I were offered one, I will not accept it and I will politely decline as I have before."
MPC MEMBER CATHERINE MANN ON POLICY TIGHTENING:
"I also put a very high weight on research that has tended to find that under conditions of inflation uncertainties ... that front-loaded policy tightening is more likely to achieve an outcome that is better controlling of inflation."
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APPROVED BROKERS
02-12-2023 06:34:56 (UTC+7)
EUR/USD
1.0883
-0.0003 (-0.03%)
Summary
↑ BuyMoving Avg:
Buy (9)
Sell (3)
Indicators:
Buy (6)
Sell (1)
EUR/USD
1.0883
-0.0003 (-0.03%)
Summary
↑ BuyMoving Avg:
Buy (9)
Sell (3)
Indicators:
Buy (6)
Sell (1)
GBP/USD
1.2711
+0.0089 (+0.71%)
Summary
↑ BuyMoving Avg:
Buy (10)
Sell (2)
Indicators:
Buy (7)
Sell (1)
USD/JPY
146.80
-1.38 (-0.93%)
Summary
SellMoving Avg:
Buy (3)
Sell (9)
Indicators:
Buy (2)
Sell (5)
AUD/USD
0.6673
+0.0068 (+1.03%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (7)
Sell (0)
USD/CAD
1.3497
-0.0065 (-0.48%)
Summary
SellMoving Avg:
Buy (4)
Sell (8)
Indicators:
Buy (2)
Sell (5)
EUR/JPY
159.76
-1.60 (-0.99%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (2)
Sell (4)
EUR/CHF
0.9458
-0.0071 (-0.75%)
Summary
↑ SellMoving Avg:
Buy (5)
Sell (7)
Indicators:
Buy (2)
Sell (6)
Gold Futures
2,073.20
+35.10 (+1.72%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (7)
Sell (0)
Silver Futures
25.490
+0.197 (+0.78%)
Summary
SellMoving Avg:
Buy (1)
Sell (11)
Indicators:
Buy (0)
Sell (0)
Copper Futures
3.9195
+0.0690 (+1.79%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (7)
Sell (0)
Crude Oil WTI Futures
74.38
-1.58 (-2.08%)
Summary
↑ BuyMoving Avg:
Buy (10)
Sell (2)
Indicators:
Buy (5)
Sell (2)
Brent Oil Futures
79.56
-1.30 (-1.61%)
Summary
NeutralMoving Avg:
Buy (10)
Sell (2)
Indicators:
Buy (3)
Sell (5)
Natural Gas Futures
2.777
-0.025 (-0.89%)
Summary
↑ BuyMoving Avg:
Buy (9)
Sell (3)
Indicators:
Buy (6)
Sell (1)
US Coffee C Futures
183.70
-1.00 (-0.54%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (2)
Sell (5)
Euro Stoxx 50
4,417.25
+34.78 (+0.79%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (8)
Sell (1)
S&P 500
4,594.63
+26.83 (+0.59%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (10)
Sell (0)
DAX
16,397.52
+182.09 (+1.12%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (7)
Sell (0)
FTSE 100
7,529.35
+75.60 (+1.01%)
Summary
↑ SellMoving Avg:
Buy (3)
Sell (9)
Indicators:
Buy (0)
Sell (10)
Hang Seng
16,847.00
-181.50 (-1.07%)
Summary
SellMoving Avg:
Buy (5)
Sell (7)
Indicators:
Buy (2)
Sell (3)
US Small Cap 2000
1,861.45
+52.43 (+2.90%)
Summary
↑ BuyMoving Avg:
Buy (8)
Sell (4)
Indicators:
Buy (6)
Sell (1)
IBEX 35
10,140.80
+82.60 (+0.82%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (7)
Sell (0)
BASF SE NA O.N.
43.240
+0.555 (+1.30%)
Summary
↑ BuyMoving Avg:
Buy (8)
Sell (4)
Indicators:
Buy (6)
Sell (0)
Bayer AG NA
31.11
-0.25 (-0.80%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (7)
Sell (1)
Allianz SE VNA O.N.
235.25
+4.65 (+2.02%)
Summary
↑ BuyMoving Avg:
Buy (11)
Sell (1)
Indicators:
Buy (10)
Sell (0)
Adidas AG
194.24
+2.10 (+1.09%)
Summary
NeutralMoving Avg:
Buy (6)
Sell (6)
Indicators:
Buy (2)
Sell (5)
Deutsche Lufthansa AG
8.222
+0.242 (+3.03%)
Summary
SellMoving Avg:
Buy (5)
Sell (7)
Indicators:
Buy (3)
Sell (5)
Siemens AG Class N
156.00
+2.00 (+1.30%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (9)
Sell (1)
Deutsche Bank AG
11.520
+0.094 (+0.82%)
Summary
↑ BuyMoving Avg:
Buy (10)
Sell (2)
Indicators:
Buy (10)
Sell (0)
| EUR/USD | 1.0883 | ↑ Buy | |||
| GBP/USD | 1.2711 | ↑ Buy | |||
| USD/JPY | 146.80 | Sell | |||
| AUD/USD | 0.6673 | ↑ Buy | |||
| USD/CAD | 1.3497 | Sell | |||
| EUR/JPY | 159.76 | ↑ Sell | |||
| EUR/CHF | 0.9458 | ↑ Sell |
| Gold | 2,073.20 | ↑ Buy | |||
| Silver | 25.490 | Sell | |||
| Copper | 3.9195 | ↑ Buy | |||
| Crude Oil WTI | 74.38 | ↑ Buy | |||
| Brent Oil | 79.56 | Neutral | |||
| Natural Gas | 2.777 | ↑ Buy | |||
| US Coffee C | 183.70 | ↑ Sell |
| Euro Stoxx 50 | 4,417.25 | ↑ Buy | |||
| S&P 500 | 4,594.63 | ↑ Buy | |||
| DAX | 16,397.52 | ↑ Buy | |||
| FTSE 100 | 7,529.35 | ↑ Sell | |||
| Hang Seng | 16,847.00 | Sell | |||
| Small Cap 2000 | 1,861.45 | ↑ Buy | |||
| IBEX 35 | 10,140.80 | ↑ Buy |
| BASF | 43.240 | ↑ Buy | |||
| Bayer | 31.11 | ↑ Buy | |||
| Allianz | 235.25 | ↑ Buy | |||
| Adidas | 194.24 | Neutral | |||
| Lufthansa | 8.222 | Sell | |||
| Siemens AG | 156.00 | ↑ Buy | |||
| Deutsche Bank AG | 11.520 | ↑ Buy |
| Mua/Bán 1 chỉ SJC # So hôm qua # Chênh TG | |
|---|---|
| SJC Eximbank | 7,220/ 7,320 (0/ 0) # 1,302 |
| SJC HCM | 7,230/ 7,350 (0/ 0) # 1,330 |
| SJC Hanoi | 7,230/ 7,352 (0/ 0) # 1,332 |
| SJC Danang | 7,230/ 7,352 (0/ 0) # 1,332 |
| SJC Nhatrang | 7,230/ 7,352 (0/ 0) # 1,332 |
| SJC Cantho | 7,230/ 7,352 (0/ 0) # 1,332 |
| Cập nhật 02-12-2023 06:34:58 | |
| Xem lịch sử giá vàng SJC: nhấn đây! | |
| ↀ Giá vàng thế giới | ||
|---|---|---|
| $2,072.13 | +32.01 | 1.57% |
| ʘ Giá bán lẻ xăng dầu | ||
|---|---|---|
| Sản phẩm | Vùng 1 | Vùng 2 |
| RON 95-V | 23.680 | 24.150 |
| RON 95-III | 22.990 | 23.440 |
| E5 RON 92-II | 21.790 | 22.220 |
| DO 0.05S | 20.190 | 20.590 |
| DO 0,001S-V | 21.590 | 22.020 |
| Dầu hỏa 2-K | 21.110 | 21.530 |
| ↂ Giá dầu thô thế giới | |||
|---|---|---|---|
| WTI | $74.48 | -0.81 | -0.01% |
| Brent | $79.11 | -0.95 | -0.01% |
| $ Tỷ giá Vietcombank | ||
|---|---|---|
| Ngoại tệ | Mua vào | Bán ra |
| USD | 24.080,00 | 24.450,00 |
| EUR | 25.781,55 | 27.197,16 |
| GBP | 29.888,43 | 31.161,13 |
| JPY | 159,30 | 168,63 |
| KRW | 16,07 | 19,48 |
| Cập nhật lúc 06:27:03 02/12/2023 Xem bảng tỷ giá hối đoái | ||
