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- Highlights of the BoE's monetary policy statement
Highlights of the BoE's monetary policy statement
- Underlying inflation broadly on track with forecast
- Employment growth could now moderate significantly
- Brexit could prompt policy moves in either direction
- Gradual, limited tightening still probably needed
- Monetary response to Brexit is not automatic and could be in either direction
- Brexit uncertainties continue to weigh on confidence, short-term economic activity
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