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Raymond James Investment Services: No change to UK interest rates this week in more decisive outcome
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Raymond James Investment Services: No change to UK interest rates this week in more decisive outcome
Having cut the UK base rate six times in the current cycle, rate setters on the Bank of England’s Monetary Policy Committee (MPC) will be wary of opting for a seventh easing. However, with inflation widely expected to fall sharply from April and settle at lower levels, the door is certainly open to cuts in the near future. The MPC has been guarded in both the language used to accompany earlier rate cuts and in relation to future prospects. Dec…
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