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BOE's Bailey: Market rate pricing for February is in a reasonable place

Started by forex4you, Dec 19, 2024, 08:09 pm

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forex4you

Dec 19, 2024, 08:09 pm
BOE's Bailey: Market rate pricing for February is in a reasonable place

  • Can't say when particular rate cuts will take place
  • Should not over-interpret latest wage data

The market is pricing at 46% for a February cut and has priced in 52 bps in easing in 2025.

Cable is struggling and giving back earlier gains. It's trading nearly flat now despite a broadly weaker USD (ex yen).



                This article was written by Adam Button at www.forexlive.com.

Source: BOE's Bailey: Market rate pricing for February is in a reasonable place

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