BOE governor Bailey: We still need to see services inflation to come down more broadly ...Middle East

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BOE governor Bailey: We still need to see services inflation to come down more broadly
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The disinflation process is faster than expectedBut we still need services inflation to come down more broadlyThere could be lingering persistence in wage inflation pressures beyond the forecastWe need to see more on how the budget will affect inflationDo not think it is right to conclude that interest rate path will be very different due to the budget This article was written by Justin Low at www.forexlive.com.

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