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GBP Climbs as BOE Inflation Report Shows Need for Rate Hike

posted by Avatar FXTimes 741 days ago in GBP, Fundamental, Inflation made popular 741 days ago

The Bank of England released its Quarterly Inflation Report in which they cut their growth forecasts for the economy at the same tima as they raised their inflation expectations. The markets focused primarily on the latter as it implies that the BOE will need to raise interest rates sometime this year, though futures prices are looking all the way
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