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Correct: Tenreyro says as things stand she will consider rate cuts in the next 3 months

BOE
  • Tenreyro asked if she will support cuts in rates.- She says policy is already too tight to meet the target. The modal forecast is below target, as is the mean forecast. So the risk to the downside to 2% is higher than to the upside.
  • "Where things stand right now, I do see myself considering a cut."
  • "I have a more balanced view of the risks."

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