Asked if anyone wanted to cut, said the focus was 'very much on holding'Repeats there was a 'clear consensus' to holdOur latest forecasts have increased our confidence that we've raised rates enoughWe're concerned about persistence in underlying inflationIt's premature to discuss reducing our policy rateWe need to see more progress on inflation before having a discussion about cutting ratesOn QT, will take it one decision at a time; we're still 'some ways' from too tightWatch it live here: This article was written by Adam Button at www.forexlive.com.
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