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The market expects UK policy rates to fall towards 2%

posted by Avatar grink 1658 days ago in GBP, Fundamental, Monthly made popular 1658 days ago

The market expects UK policy rates to fall towards 2%. Interest rate derivates (‘swaps’) are the best available gauge of investors’ beliefs about the course of the UK Bank Rate. And the shift in expectations since the summer has been decisive (Chart 1).
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