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Central Bank Focus

BoE And ECB Hold Rates As Easing Risks Rise

by Felix-Antoine Vezina-Poirier, Chief Strategist  

The Bank of England held rates but struck a dovish tone. The Bank of England held rates at 3.75%. The MPC voted a narrow 5-4 to hold, with Governor Bailey casting the deciding vote. Bailey nonetheless sent dovish signals ahead of the March meeting, noting the…

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