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Central Bank Watch: BOE & ECB Interest Rate Expectations Update

CENTRAL BANK WATCH OVERVIEW: While some semblance of stimulus reduction has already begun, the BOE doesn’t seem to think inflation pressures are anything more than transitory. The ECB doesn’t meet again until September, though there has been plenty of signaling that extraordinary policy measures will be sticking around. Retail trader positioning suggests that EUR/USD has a bullish bias while GBP/USD has a bearish bias. INFLATION? WHAT INFLATION? In this edition
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