BoE's Mann: Gradual pace of rate hikes has not tempered expectations enough

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BoE's Mann: Gradual pace of rate hikes has not tempered expectations enough
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BoE's Mann: Gradual pace of rate hikes has not tempered expectations enough – by eren_fxstreet BOE CentralBanks

"We cannot be complacent in the face of the short-term spikes and medium-term drift.""If current wholesale energy prices are allowed to be passed on to households and firms, this will lead to enormous pain for millions."

"Ratcheting-up from short-term to medium-term expectations has been apparent for a while, and could portend a persistent drift higher." Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.

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