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20 Oct 2022
BOE’s Broadbent: Market pricing of bank rate path implies pretty material hit to demand
Bank of England (BOE) Deputy Governor Ben Broadbent said on Thursday that they are not clear if rates must rise as much as the market is forecasting.
Additional comments
“Market pricing of the bank rate path implies a pretty material hit to demand.”
“The rise in inflation expectations `nothing like' the 1970s.”
“The bank allocates £15 mln at short-term repo operation.”
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