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Ramsden the only speaker this week

BOE
  • There is only one scheduled MPC member speaking this week – Ramsden speaks on Wednesday on QT. It will be interesting to see if he gives any steers following the inflation data.
  • However, with no other scheduled MPC speeches ahead of the August MPC meeting at present, it may be that the MPC do not want to pre-commit to a given action in August yet and could refrain from discussing data any further until after the meeting – giving members more time to reflect on and contribute to the new forecasts in the upcoming MPR.

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