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BOE's McCafferty says gradual rate hike path justifies hike sooner rather than later

Discussion in 'Fundamental Analysis' started by ForexLive, Oct 20, 2015.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    Known hawk speaking in London - BOE needs to avoid being behind the curve in judging rising neutral interest rate - rising neutral rate will require bank rate to be lifted in parallel if stimulus level to remain unchanged Pound shrugging off the mixed but hawkish comments as nothing new here

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