BOE's Lombardelli: Caution remains appropriate ...Middle East

Evidence suggests that policy is still restrictiveWage growth is still too high for on target inflationWages is my main focus when looking for disinflationFurther gradual disinflation progress and trade developments made 25 bps rate cut appropriate

Just some token remarks here and ones that won't matter all too much as trade headlines are drowning out everything else at the moment.

This article was written by Justin Low at www.forexlive.com.

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