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Published on Thursday, November 2, 2017

Market Comment | BoE increased rates while the Fed set the stage for December

The FOMC statement (see) was free of surprises and left rates unchanged at 1.25%. The FOMC showed a positive view of economic activity, although the temporary rise in inflation was not viewed as a sign of trend inflation picking up. Nonetheless concerns about persistently low trend inflation are unlikely to affect the expected interest rate […]

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