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Analyst: Bank of England decision is not surprising, August is already the last straw.

GoldenOctober2024

2024-06-20 11:18:46

June 20th, Jin10 Data - Neil Jones, Head of FX Sales at Mizuho, said that the 7:2 hold decision was not surprising, but it was clearly a dovish hold. Bailey's comments suggest that they are close to cutting rates for some. With August on the horizon, a 5:4 vote in favor of a rate cut is possible once again.

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