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Central Bank Focus

BoE Holds At 4%, Signals December Cuts As Labor Weakens

by Felix-Antoine Vezina-Poirier, Chief Strategist  

The BoE held rates at 4% in a narrow 5–4 vote but signaled readiness to resume easing in December as disinflation and labor weakness deepen. The removal of the word “careful” from its guidance on further easing signals bias toward renewed cuts. Labor data for…

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