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Country Focus

Slowing UK Inflation Paves The Way For BoE Cuts

by Felix-Antoine Vezina-Poirier, Chief Strategist  

UK inflation data supports a December BoE cut, reinforcing the case for staying long gilts and short GBP versus EUR. October CPI inflation came broadly in line with expectations but showed broad deceleration. Headline CPI slowed to 3.6% y/y from 3.8%, while…

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