BoE's Pill: Supply disruptions appear to have eased in recent months – by eren_fxstreet BOE CentralBanks
to current levels can be seen as significant progress in the normalization of the monetary policy, as reported by Reuters."There have been some, albeit still tentative, signs of a normalisation in the patterns of consumer demand.""The extent to which an easing in the labour market induced by monetary tightening will weigh against inflationary pressures will depend on the wider context.
"Important question for BoE is how pragmatic and realistic UK firms and households are in accepting the macroeconomic implications of the higher imported energy and goods prices." "BoE must ensure that any self-sustaining momentum in inflation at rates above the 2% target is squeezed out of the system by constraining demand."preserves its bullish momentum following these comments and was last seen rising nearly 1% on a daily basis at 1.2205.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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