Bank of England Pauses Monetary Tightening

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<p>Summary In what was a finely balanced decision, Bank of England (BoE) policymakers held their policy rate steady at 5.25% at today’s monetary policy announcement. In a significant change, the BoE said there were mixed developments on indicators of inflation’s persistence, noting slower varied signals on wage growth and slower services inflation. We believe today’s […]</p>
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