UK markets stay anchored to Bank of England commentary, with Governor Bailey signaling that high energy prices make an interest rate move harder to avoid and rate setters warning o
UK markets stay anchored to Bank of England commentary, with Governor Bailey signaling that high energy prices make an interest rate move harder to avoid and rate setters warning of inflation "sparks in the tinderbox." The tone suggests policymakers feel pressure to act on timing, keeping expectations for the next policy decision in flux. With little fresh domestic data, energy costs and central bank rhetoric remain the main drivers of sentiment.
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Ezbrisk weighs each event against the market reaction and publishes a verdict with an overreaction reading. How the methodology works