Bank of England Review – A 25bp Cut With a Hawkish Twist

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The Bank of England cut the Bank Rate by 25bp to 4.00% as widely expected. The vote split was more hawkish than expected, with four members voting for an unchanged decision. The guidance included a hawkish twist and forecasts for inflation were revised significantly higher. The market reacted by trading Gilt yields a bit higher […]The post Bank of England Review – A 25bp Cut With a Hawkish Twist appeared first on Action Forex.