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Trending
UK Inflation Seen Subdued by Bailey; BoE Rate Path Uncertain
Finance
— 3d
Bank of England Governor Andrew Bailey reiterated that there are only subdued second-round inflation effects in the UK and a softer labour market, keeping expectations for future rate moves cautious ahead of the Sept. 17 decision, with markets pricing in a modest year-end hike. Investors are also weighing company signals such as Super Micro Computer’s comparatively low valuation and growing insider confidence, reflecting varied market focus as central banks navigate inflation dynamics.
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