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Weekly Economic Perspectives

Expect BoE to Cut in August

Bank of England (BoE) decided to maintain policy rate at 5.25% at this month's meeting, with two dissenting votes, both in favor of a 25 bp cut. The decision was described as "finely balanced" by some policymakers, implying that an August rate cut is possible.

3 min read
Chief Economist
Investment Strategist

UK Headline Inflation Fell With Lower Food Prices

Spotlight on Next Week

  • Canada CPI to ease further.
  • Tokyo CPI to feature upside surprise.
  • Aussie monthly CPI to have risen 3.8% in May.

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