UK finance minister Hunt says falling inflation opens the door for BOE rate cuts
globalreutersMarch 20, 20241 Mins read The BOE already made a change to their policy wording last month here. And that’s the first step in gradually moving towards a stronger pivot later in the year. As mentioned in the previous post, traders have rebuffed their expectations of a rate cut in August. But let’s not rule out June either, as the odds of that are currently at ~63% priced in.
This article was written by Justin Low at www.forexlive.com.
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