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Incoming MPC member says rate cuts are "the direction of travel"

By Benjamin Chiou

Date: Tuesday 16 Apr 2024

(Sharecast News) - Interest rate cuts by central banks across Europe is "the direction of travel", according to the incoming deputy governor of monetary policy at the Bank of England, though the timing for monetary easing is still uncertain.

Clare Lombardelli, the current chief economist of the OECD who will...

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