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“The markets are anticipating that the Bank is likely to raise to or near 7 percent by the end of the year.”
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“It's a case of history repeating itself.”
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“This will add to their credibility and any risk premium from their opaqueness will be limited.”
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“The markets misread what Duisenberg was trying to say. The ECB is singing from the same hymn sheet [and are] trying to dampen expectations of an early rate rise.”
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“The pound's strength is tightening monetary conditions in the U.K., but it's not enough.”
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