Disliked{quote} IMO, a hawkish stance is likely from BoE. But not for the reason most think. What ive noticed looking through the economic data is that UKs high inflation was a product of their sudden currency devaluation. Which puts them in a rather unique situation of high inflation but lowering purchasing power growth and productivity growth. BoE seems to be talking up the pound as a strategy to combat this problem. Notice past BoE meetings? How they all seem to have hawkish hints to them? From the 7-2 votes to Carney's hawkish tone. All of this is an...Ignored
https://think.ing.com/articles/our-b...may-rate-hike/
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