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BOE's Bailey: More rate hikes likely in the coming months
- Efforts to bring inflation under control likely to take between 18 months to 2 years
- Hopeful that inflation would peak over the winter
He still sounds optimistic but with Q3 GDP shrinking and a recession already in the works, the central bank has a tough job ahead of them to balance tightening policy further amid a flailing economy.
This article was written by Justin Low at forexlive.com... Read More Posted: Nov 11 2022, 09:41
Author Name: forexlive
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