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Still no steer on whether "significant" means 75bp, 100bp or more

BOE
  • Pill is generally considered one of the swing members of the MPC - and his comments here add more context than we had before around his views - but don't really give us much more of a steer.
  • He still points to a "significant" monpol response in November - something we think is more than the 50bp associated with "forceful" but gives no indiciation of a preference between 75bp, 100bp or more.

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