UK finance minister Hunt says falling inflation opens the door for BOE rate cuts ...Middle East

If you must recall, the BOE made a change to their policy wording last month already here. That's the first step in gradually keeping their pathways open, should they need to perform a stronger pivot later in the year. As mentioned in the previous post, traders have rebuffed their expectations of a rate cut in August. But let's not rule out June either, as the odds of that are currently at ~63% priced in. This article was written by Justin Low at www.forexlive.com.

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