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BoE's Broadbent Signals Rate Unlikely To Rise As Much As Markets Predict

Por: RTTNews Business October 20, 2022

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Bank of England Deputy Governor Ben Broadbent signaled that the interest rates are unlikely to rise as much as currently expect. Whether official interest rates have to rise by quite as much as currently priced in financial markets remains to be seen, he said at a speech in London.The MPC is likely to respond relatively promptly to news about fiscal policy, Broadbent said. Domestic inflation tends to more persistent and reducing it requires the... + full article



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