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Country Focus

Tepid UK Growth Reinforces Case For BoE Cuts

by Felix-Antoine Vezina-Poirier, Chief Strategist  

UK December hard data surprised to the downside, reverting to tepid growth and reinforcing the case for further BoE easing. Industrial production fell 0.9% m/m, slowing to 0.5% y/y from 2.3%. Services were flat on a three-month sequential basis, while…

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