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    BoE’s Haskel warns against rushing to cut interest rates

    Source Fxstreet
    Mar 28, 2024 05:36

    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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    RBNZ Sectoral Factor Inflation Model rises by 4.3% YoY in Q1 2024The Reserve Bank of New Zealand (RBNZ) released its Sectoral Factor Model Inflation gauge for the first quarter of 2024 after the publication of the official Consumer Price Index (CPI) by the NZ Stats early Wednesday.
    Source  Fxstreet
    The Reserve Bank of New Zealand (RBNZ) released its Sectoral Factor Model Inflation gauge for the first quarter of 2024 after the publication of the official Consumer Price Index (CPI) by the NZ Stats early Wednesday.
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    ECB's Simkus: Greater than 50% probability of more than three rate cuts this yearEuropean Central Bank (ECB) Governing Council member Gediminas Šimkus said on Monday that there was a greater than 50% probability of more than three rate cuts this year, per Reuters.
    Source  Fxstreet
    European Central Bank (ECB) Governing Council member Gediminas Šimkus said on Monday that there was a greater than 50% probability of more than three rate cuts this year, per Reuters.
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    Fed's Barkin: Inflation data did not increase confidence disinflation is spreadingRichmond Federal Reserve Bank President Thomas Barkin said on Thursday that the latest inflation data did not increase his confidence that disinflation is spreading in the economy, per Reuters.
    Source  Fxstreet
    Richmond Federal Reserve Bank President Thomas Barkin said on Thursday that the latest inflation data did not increase his confidence that disinflation is spreading in the economy, per Reuters.
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