Categories Finance

BOE’s Breeden: Latest developments have a material impact on economic outlook and risks

  • World has moved on significantly since March MPC meeting
  • Very unclear what overall landscape will be for tariffs in medium term
  • Impact on inflation from US tariffs not clear cut

The market is pricing in an 80% chance of a cut to 4.25% in May.

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

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