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BOE's Pill: Not intending to give a directional bias on future rate decisions

Latest BOE decision reflects belief that inflation risks are still persistentThere may be more work to do to bring inflation downBut we are seeing evidence that we are moving in a more favourable direction on the outlook for inflationHe doesn't really want to give much away but as things stand, markets are voting that they can afford one more rate hike in June to come. After that, it will be quite dependent on the upcoming economic data from the UK in the weeks ahead. This artic... Read More

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Posted: May 12 2023, 11:49

Author Name: forexlive

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