USD/JPY Returns to the 148 Area

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<p>Markets The Bank of England’s ‘intrinsically dovish hold’ sharply contrasted with broader market trends since the Fed’s message that interest rates will be ‘higher for (very much) longer’. In the close 5-4 vote, governor Bailey’s MPC after kept the policy rate unchanged at 5.25%. Softer than expected August CPI data published on Wednesday (headline 6.7%, [&#8230;]</p>
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