But the MPC thinks, for its part, that the overall effect of rate cuts on the economy is positive, not least because they benefit firms as well as indebted households.
但是货币政策委员会(MPC)认为,就其本身而言,此次降息对经济的总的影响是正面的,不仅企业会因降息而受益,负债家庭也能同时受益。
One issue the MPC faces is what securities it should buy.
货币政策委员会面对的一个问题是,该买哪一种有价证券。
Let's hope Blanchflower's views are listened to by ministers and civil servants more than his ideas on interest rates were by his colleagues on the MPC.
在此,我希望大臣和公务员们能多听听他关于就业方面的观点,而不是只关心他在货币政策委员会同事们关于利率的话。
Two of the nine members of the MPC had already resolved the dilemma in November by voting for a rate cut.
九位金融政策委员会成员中的两位已经在十一月投票赞成减息来摆脱目前的困境。
It is about the marginal propensity to consume (MPC), which is the extra consumption generated by a dollar of extra income.
而是与边际消费倾向(MPC)有关,即收入每增加一美元带来的相应消费增量。
Echoing the arguments of Bank governor Sir Mervyn King at last week's Inflation Report press briefing, MPC members stressed that the UK is highly exposed to the continuing turmoil in the eurozone.
MPC成员们强调说英国很可能受到欧元区持续动荡的影响,这是对行长梅尔文·金爵士在上周的《通货膨胀报告》新闻发布会上论调的回应。
The difficulty for the bank’s monetary-policy committee (MPC) is that there will be yet more temporary factors pushing inflation up over the next year.
英国银行货币政策委员会的难处在于,明年还将会有更多的暂时性因素推高通胀。
The difficulty for the bank's monetary-policy committee (MPC) is that there will be yet more temporary factors pushing inflation up over the next year.
英国银行货币政策委员会的难处在于,明年还将会有更多的暂时性因素推高通胀。
The polarisation of household finances that makes the impact of a rate rise so uncertain also helps to explain why some MPC members feel the need to act.
使加息影响不确定的家庭财务的两极分化,也有助于解释为什么一些MPC成员认为有必要采取行动。
That seemed to hint that the number of dissenting votes had increased at this month's MPC meeting.
似乎是在暗示反对票的数目在本月委员会会议上又增多了。
"Overall, this is as clear a signal as we could have expected that the MPC is braced to cut Bank Rate soon and in size," Walker said.
沃克表示:“总的来说,这是清晰的信号,我们可以预计货币政策委员会做好尽快适当减息的准备了。”
Quantitative easing is not yet fully effective and there is a strong case for raising the proportion of private sector assets that the MPC purchases.
定量宽松政策还没有完全发挥效力,有充分的理由增加货币政策委员会采购的私营企业资产比例。
The Metropolitan Planning Council (MPC), which presses for a co-ordinated policy for the region's big issues, has done a good job of channelling their frustrations into useful ideas.
都市建设委员会申明协调工作是城市的重大问题,并且在从挫折中发现有用观点的工作是非常出色的。
A few days earlier, the City had been expecting the monetary-policy committee (MPC) to do nothing this time around.
就在几天前,大家还觉得金融政策委员会这一次不会有什么动作。
Since the last MPC meeting in December, the UK downturn has continued to deepen.
自货币政策委员会十二月的会议至今,英国的衰退继续严重。
It is clear that quantitative easing is not yet fully effective, and we urge the MPC to step up the pace.
他说:“很明显,定量宽松还不十分有效,因此我们敦促货币政策委员会加快步伐。”
Such dismal news appears to vindicate critics who say that the Bank of England's Monetary Policy Committee (MPC) has forsaken its job of meeting the inflation target.
上述消息令人堪忧,似乎恰好证实了一些评论员的观点。他们称央行的货币政策委员会简直是将保证通胀目标的职责弃之不顾。
But the report nevertheless represents the first time the Bank's MPC has endorsed market expectations that it is poised to start tightening, rather than loosening, policy in the next two years.
但是报告仍然表示,央行货币政策委员会首次顺应市场预期准备好收紧而不是放开以后两年的政策。
For many years the job of the Bank of England's monetary-policy committee (MPC) seemed straightforward.
多年以来,英国央行的货币政策委员会(MPC)的职责很明确。
The timing and speed of policy changes will not be set by market expectations but by how the MPC sees the balance of risks, he said.
他还说,政策变化的时间和速度不是由市场预期决定的,而是MPC平衡风险的决策。
More important, Mr Brown relinquished monetary decisions to the MPC; the Tory chancellor retains full control over the levers of fiscal power.
更重要的是,布朗先生放弃对货币政策委员会的决定权。 而保守党的这位内阁大臣则要保持对财政力量的完全控制。
Under this scenario, the Bank of England's monetary Policy Committee (MPC) would favor an increase in interest rates, while the FPC would want to loosen monetary conditions.
在这种情况下,英格兰银行货币政策委员会(MPC)将会倾向于提高利率,而FPC则希望放松银根。
Because both the FPC and the MPC rely on a monetary-transmission mechanism that operates through Banks, it isn't clear that inflation-targeting and liquidity maintenance can be so neatly separated.
因为FPC和MPC都依赖于银行之间运行的货币传递机制,要把通胀目标和维持流动性分开并不容易。
In other words, uncertainty lowers the APC but raises the MPC.
换言之,不确定性降低了平均消费倾向,但提高了边际消费倾向。
Ambitious youngsters sensed that getting on at the bank meant working on the inflation forecast and serving the MPC.
野心勃勃的年轻人敏锐地感觉到要想在银行里出人头地,就应为货币政策委员会为工作,埋头进行通胀预计。
Three of the nine-strong MPC have voted for an increase at the three previous meetings, and the MPC changes rates more often in months, such as May, when it makes its quarterly inflation forecast.
货币政策委员会九强中的3个已经在之前的3次会议上投票支持提高利率。MPC在几个月内频繁改变利率,比如在5月份做了季度通胀预测后。
In August the bank's monetary-policy committee (MPC) forecast that consumer-price inflation would fall back to its official 2% target, but only after a period of economic weakness had drawn its sting.
8月份英格兰银行的货币政策委员会(MPC)曾预测,消费价格上涨将跌回2%的官方目标,但仅仅一段时间的经济疲软已经触及它的痛处。
The decision by the monetary-policy committee (MPC) to reduce rates for the fifth consecutive month came as little surprise, but it had been opposed.
虽然货币政策委员会(monetary - policy committee,MPC)做出的连续五个月降息的决定并不令人意外,但还是一直遭到了反对。
The governor pointedly reminded his audience that “in both of the past two years inflation picked up as a result of temporary price-level factors and then fell back, as the MPC had predicted.”
金行长反复提醒听众,“无论是08年还是09年,通胀水平都因短期的价格因素而上扬,然后回落,同货币政策委员会的预测相一致。”
The governor pointedly reminded his audience that “in both of the past two years inflation picked up as a result of temporary price-level factors and then fell back, as the MPC had predicted.”
金行长反复提醒听众,“无论是08年还是09年,通胀水平都因短期的价格因素而上扬,然后回落,同货币政策委员会的预测相一致。”
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