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The BoE makes another step towards a rate cut

The BoE made another step towards Rate cuts with a negative revision to inflation forecasts and Ramsden joining Dhingra for a Rate Cut. Not big surprises but the addition of the line saying „will consider forthcoming data releases and how these inform the assessment that the risks from inflation persistence are receding“ suggests that the […]

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This post first appeared on TRADINGFACULTY EDUCATIONAL TRADING RESOURCES, please read the originial post: here

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The BoE makes another step towards a rate cut

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