Business

BOE Divisions on Rates Set to Deepen With UK Stagflation Outlook

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Rob Wood, UK economist at Bank of America, said the vote could be 2-5-2, with two members voting for no change, five for a half point and two for a three-quarter point increase. But he said “we see potential for a four-way split,” with one of the doves opting for a quarter-point increase.



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