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Bullock: Getting Closer To Point Whereby We Could PAuse

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Deputy Governor Bullock points to the probable need for interest rates “to go up a little bit further,” although echoes the idea that the Bank is not on a pre-set path. She also pointed to the Bank getting nearer to the point whereby it could pause and assess the tightening deployed, while flagging early signs of demand slowing (albeit with the need for more evidence to draw a firmer conclusion).

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Deputy Governor Bullock points to the probable need for interest rates “to go up a little bit further,” although echoes the idea that the Bank is not on a pre-set path. She also pointed to the Bank getting nearer to the point whereby it could pause and assess the tightening deployed, while flagging early signs of demand slowing (albeit with the need for more evidence to draw a firmer conclusion).