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Focus on Pill's speech at 12:15BST

BOE
  • Just a reminder that we have BOE Chief Economist Pill speaking at 12:15BST / 7:15ET. The text of speech will be available here:
  • There is more focus on this speech after Ramsden's dovish comments on Monday (although we had already seen him as a more activist MPC member). If there is a further incremental dovish shift in rhetoric from Pill, it would likely be interpreted that the BOE is further preparing the ground for a cut.

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