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BoE’s Haskel warns against rushing to cut interest rates
Source Fxstreet
In an interview with the Financial Times (FT) on Thursday, Bank of England (BoE) policymaker Jonathan Haskel warned against rushing to cut interest rates.
Haskel said that “I think cuts are a long way off.”
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Gold (XAU/USD) attracts some sellers during the Asian session on Wednesday and moves away from the all-time peak, levels just above the $3,700 mark touched the previous day.
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Gold (XAU/USD) trades lower for the second consecutive day on Friday, but remains contained within previous ranges, with downside attempts limited above the $4,500 line for now.
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