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/ UK: Lloyds says that despite the.......>

DATA REACT
DATA REACT: / UK: Lloyds says that despite the surprise fall in inflation
weakening the case for further interest rate rises, "BoE policymakers will also
be mindful of evidence of a gradual increase in domestic inflationary pressures"
as pay growth rose to 2.8% and a "tight labour market argues for a further
acceleration in (rates in) the months ahead".
- "These domestic considerations still make it likely that the BoE will hike
interest rates by 0.25% to 0.75% at its May meeting", Lloyds adds.

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