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BOE’s Lombardelli Does Not Rule Out a December Rate Hike but Says More Information Is Needed, The Guardian Reports
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Bank of England policymaker Lombardelli declined to rule out a December rate hike, saying more information is needed before the decision, according to The Guardian. The remark keeps near-term tightening risk alive for markets pricing the BOE path. Watch incoming UK inflation and labor data, plus other MPC commentary, for signals on whether a December move gains support.
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Bank of England, Lombardelli, The Guardian