Data Gold December 19th, Goldman Sachs said that since the Bank Sentral kebijakan moneter Committee (MPC) meeting in November last year, service industry inflation data has been slightly stronger than the MPC's forecast, while the latest wage growth data is significantly stronger than expected. However, economic growth is lower than the MPC's expectations, and survey data shows a significant deterioration in recruitment intentions. Given the mixed performance of the data, we continue to expect the Bank Sentral Committee to maintain Suku Bunga at 4.75% with a vote of 8 to 1 at Thursday's meeting, and reiterate the bank's view that taking gradual policy easing measures based on evolving evidence is appropriate.
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Goldman Sachs: Bank of England is expected to maintain the Suku Bunga unchanged with a vote result of 8 to 1
Data Gold December 19th, Goldman Sachs said that since the Bank Sentral kebijakan moneter Committee (MPC) meeting in November last year, service industry inflation data has been slightly stronger than the MPC's forecast, while the latest wage growth data is significantly stronger than expected. However, economic growth is lower than the MPC's expectations, and survey data shows a significant deterioration in recruitment intentions. Given the mixed performance of the data, we continue to expect the Bank Sentral Committee to maintain Suku Bunga at 4.75% with a vote of 8 to 1 at Thursday's meeting, and reiterate the bank's view that taking gradual policy easing measures based on evolving evidence is appropriate.