Traders are betting the Bank of England will rapidly raise borrowing costs before reversing course almost as quickly. Again.
With inflation looking increasingly sticky, the BOE is expected to raise its key interest rate by 115 basis points over the next 18 months, according to money market pricing. Policy makers are likely to then be forced to unwind about a third of that tightening over the following three years, bringing the key rate to less than 1%.
"port" - Google News
November 13, 2021 at 08:01AM
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Georgia Port Pins Hopes on Rail to Move 80000 Containers - Bloomberg
"port" - Google News
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