BOC Minutes: Conditions should materialize for cuts in 2024 but ideas on timing differed ...Middle East

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BOC Minutes: Conditions should materialize for cuts in 2024 but ideas on timing differed
Agreed conditions for rate cuts should materialize in 2024 if economy evolves as forecastCouncil members had differing views on when there would likely be enough evidence to judge if conditions for a cut were in placeMembers also had differing views on how to weigh risks to inflation outlookIndicators of underlying inflation suggested slow progress getting inflation down to target This article was written by Adam Button at www.forexlive.com.

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