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What's priced in for the Bank of England

The market continues to anticipate a Bank of England rate hike later this month and the strong possibility of another one in November.High UK inflation is problematic for the Bank of England as it tries to tame runaway inflation but chief economist Hew Pill wants to keep rate at a higher plateau for longer, rather than hiking further. In comments in South Africa last week he demonstrated a path that he compared to Table Mountain with a long period of rates around the current level of 5.25% and s... Read More

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Posted: Sep 4 2023, 17:42

Author Name: forexlive

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