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UK finance minister Hunt says falling inflation opens the door for BOE rate cuts

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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