BoE's Taylor: Gradual cuts implies 100 bps of easing over the next year

It's ok to continue with a gradual pace of rate cuts.Gradual cuts implies 100 bps of easing over the next year.This is closely aligned with market curve currently.That is not necessarily what will unfold, depending on economic conditions.There are conditions where the BoE can go faster.Labour market data is key for my view on rate cuts.Disinflation is unfolding as we would expect. This article was written by Giuseppe Dellamotta at www.forexlive.com.

Nov 19, 2024 - 17:15
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BoE's Taylor: Gradual cuts implies 100 bps of easing over the next year
  • It's ok to continue with a gradual pace of rate cuts.
  • Gradual cuts implies 100 bps of easing over the next year.
  • This is closely aligned with market curve currently.
  • That is not necessarily what will unfold, depending on economic conditions.
  • There are conditions where the BoE can go faster.
  • Labour market data is key for my view on rate cuts.
  • Disinflation is unfolding as we would expect.
This article was written by Giuseppe Dellamotta at www.forexlive.com.
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