BoE not on a pre-set course - ANZ

By FXstreet.com | August 13, 2014 AAA

FXStreet (Guatemala) - Brian Martin, ANZ Research noted that sterling fell in response to the dovish tone to the BoE’s August inflation report and the correction may run further.



Key Quotes



"Interest rates will normalise as the economy recovers but the BoE is not on a pre-set course."



"Geopolitical risks to the economy have intensified and the outlook for wage inflation was downgraded."



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