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BoE has shown the way for the Fed

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 14, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Outlook: The Bank of England has shown the way for the Fed, even if we prefer to think the Fed “leads.” The BoE statement includes this little gem: “Although a large part of the cur-rent deviation of CPI inflation from the 2% target reflects unusually large drags from energy and food prices, core inflation also remains relatively subdued – a consequence of the past appreciation of sterling, weak global inflation and restrained domestic cost growth.” Given similar data and the same global

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