At today’s monetary policy meeting the BoE left the Bank Rate unchanged at 5.00% as widely expected. The BoE delivered a hawkish twist to its guidance emphasising their gradual approach to reducing the restrictiveness of monetary policy. We think this supports our base case of the next cut in November and a pause in December. […]
The post Bank of England Review – Gradual Easing Cycle Supports GBP appeared first on Action Forex.
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