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BoE sees little second-round inflation, markets price 25bp hike

Bank of England Governor Bailey sees little evidence of second-round inflation effects and a more resilient UK economy, with markets still pricing a 25bp hike next month.

Original · FXStreet AI summary of public reporting

Why: BoE signals resilient economy and 25bp hike → supports GBP

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At publication → Current
GBP1.333 → 1.334+0.1%
BoE sees little second-round inflation, markets price 25bp hike | SignalHub