BOE's Pill says not to overinterpret removal of the word 'careful'


Asked about the removal of the world ‘careful’ from the BOE’s language saying ‘careful and gradual’, he says it shouldn’t be overinterpreted.

The market is still off-balance on what’s coming next fro the Bank of England with pricing at 58% for a cut (though rising to 100% for February).

More comments:

  • I would emphasize continuity of BOE policy, not modest changes in language

This article was written by Adam Button at investinglive.com.



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