Why The Bank Of England Won't Diverge From The Fed For Long [Seeking Alpha]
ING Group, N.V. (ING)
US:NYSE Investor Relations:
ing.com/investor-relations.htm
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Source: Seeking Alpha
Play 5min Summary The Bank of England may have got a head-start on the Federal Reserve, but the tone from UK policymakers is still much more cautious. We think the Bank will be more confident in the inflation outlook and will be content with accelerating the pace of cuts. Besides the decision to hold rates unchanged, the BoE also decided to continue reducing the size of its asset portfolio by £100bn over the coming 12 months. claudiodivizia/iStock Editorial via Getty Images By James Smith Michiel Tukker The BoE is much more cautious than the Fed What was striking about today's Bank of England decision is how different the messaging was compared to the Federal This article was written by ING Economic and Financial Analysis 4.04K Follower s Follow From Trump to trade, FX to Brexit, ING's global economists have it covered. Go to ING.com/THINK to stay a step ahead. We're sorry we can't reply to individuals' comments.Content disclaimer: The information in the p
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