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Country Focus

BoE Holds, Signals Slower Easing Ahead

by Felix-Antoine Vezina-Poirier, Chief Strategist  

The Bank of England held its policy rate at 4.5%, with only one MPC member dissenting to cut 25 bps. The BoE signaled a slower pace of easing, as inflation remains elevated while global growth becomes increasingly uncertain. Like other DM central banks,…

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