RSS GBP Strengthens on Conflicting BoE Survey Data, Highlighting Monetary Policy Dilemmas

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 RSS GBP Strengthens on Conflicting BoE Survey Data, Highlighting Monetary Policy Dilemmas

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Sterling rallied broadly today, driven by BoE’s Monthly Decision Maker Panel survey, which underscored a complex economic outlook that reinforces the central bank’s cautious approach to policy easing. The survey revealed a mixed picture of inflationary and deflationary pressures. Notably, 54% of businesses anticipate raising prices in response to National Insurance contribution hikes outlined in […]

The post GBP Strengthens on Conflicting BoE Survey Data, Highlighting Monetary Policy Dilemmas appeared first on Action Forex.
 
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