BoE to tighten rates less or to pause the cycle, pounding the Pound – Commerzbank BOE GBPUSD UnitedKingdom Banks InterestRate
Bailey is putting the brakes on Sterling
“Based on Bailey’s comments it seems that any positive set of economic data will be used by the BoE to tighten rates less or to pause the cycle. And this impression cannot be positive for Sterling. The BoE meeting on 23rd March is likely to be of particular interest against this background.”Information on these pages contains forward-looking statements that involve risks and uncertainties.
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