@ChrisMayLA6 I think you're too pessimistic there. Bailey himself said in December that markets currently underestimate the BoE's determination to lower borrowing costs, inflation permitting. With this week's data, three to four cuts this year are anything but unlikely.
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Emeritus Prof Christopher May
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Ah, ye, but he's been gaslighting us... when push come to shove, he'll 'discover' inflationary pressures continuing in cortina sectors.... don't get me wrong; I'd be happy to be mistaken, but don't think I am... but we will find out by mid-year
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