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BOE’s Greene: I tend to favor a gradualist approach to cutting rates

  • Risks to growth in the UK are two-way
  • Wouldn’t put too much weight on the latest fall in UK CPI as it may be driven by volatile components
  • Signs of inflation persistence are going in the right direction but it’s a question of speed

Greene wrote yesterday about a cautious and gradual approach to easing.

This article was written by Adam Button at www.forexlive.com.

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