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BOE Bailey: The jobs not done yet

BOE Bailey: The jobs not done yet
BOE's Bailey is chirping after the central bank kept rates unchanged:The jobs not done yetNot predicting what next bank rate move will beWe have got a big job to do yet.There is no premature celebration here on inflation fallingMPC has not had any discussion about cutting bank rateThe vote from the BOE was 5 – 4. So there is no unanimity from the central bankers. Bailey's comments support the close decision.The GBPUSD is trading at 1.2275. The 61.8% retracement of the 2000 trading range comes... Read More
Posted: Sep 21 2023, 13:47
Author Name: forexlive
Views: 091073

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