He said it was “reasonable” that financial markets were pricing in two or three rate cuts this year, but warned he would not “endorse” that view. “That’s not a prediction from me as to what’s going to happen, either on timing or amount, but I am encouraged,” he added.
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Brexit: Firms warn ‘clock is ticking’ to keep goods moving
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Brexit: Boris Johnson hails free trade deal with EU
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Crime agency under fire over bank signature forgery
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Image copyright Getty Images Image caption The National Crime Agency in Westminster, London The National Crime Agency is facing...
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People are worried that AI will take everyone’s jobs. We’ve been here before.
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Even those who agreed that jobs will come back in “the long run” were concerned that “displaced wage-earners must...
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The rise of Sweden’s super rich
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“Yes, it’s where people can create new money, create new wealth, but it’s still very closed and the double...
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Liberty Steel to sell Stocksbridge plant to pay off lender
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However, Liberty Steel insiders conceded that the launching of investigations into the relationship between Liberty and its now-defunct backer,...
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Covid: Asia follows global shares slide amid recovery fears
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“Investors are concerned that the rapid spread of the Delta variant will derail the trajectory of the global recovery,...
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HS2: Government refuses to guarantee Manchester branch
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“What we are going to end up with here is in the southern half of the country, a modern,...
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Dubai airlines resume full schedule after flooding chaos
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The open letter posted on the airlines’ website on Saturday, announced that regular flight schedules had been restored, but...
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