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Bank of England Closing In On Rate Cuts

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Summary The Bank of England (BoE) held its policy rate at 5.25% at today’s monetary policy announcement, but offered a dovish outlook that suggests rate cuts are now approaching. The BoE said restrictive monetary policy is weighing on activity in the real economy, is leading to a looser labor market and is bearing down on […]

The post Bank of England Closing In On Rate Cuts appeared first on Action Forex.

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