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The UK monetary policy

The Bank of England is anticipated to implement a rate reduction before the Federal Reserve does, yet traders are divided between whether this will occur in June or August. James Smith, an economist at ING Financial Markets, suggests that the focus on services inflation could sway the decision towards August, particularly if services inflation proves to be less responsive to change. 

Dr. Kamaran Qader Yaqub,
Fundamental Analyst and Financial consultant at Investment Spot company.

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