Thursday , 5 December 2024
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BOE governor Bailey expects four rate cuts next year if economic outlook stays the course

  • Inflation had fallen more rapidly than what was expected a year ago
  • There are a number of potential paths ahead
  • But the base case scenario implied is that BOE would stick with more “gradual” rate cuts
  • This central view means BOE would have to “lean in a bit harder” to keep disinflation process on track
  • Full transcript (may be gated)

This article was written by Justin Low at www.forexlive.com.

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