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BoE's Monetary Policy Direction
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BoE's Ramsden emphasizes need for 'restrictive' monetary policy to tackle high inflation, contradicting market expectations of a rate cut by June 2024.
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How might the Bank of England's stance on monetary policy influence other central banks globally?
What are the potential implications of differing monetary policy directions among central banks on global economic stability?
What factors could influence the Bank of England's decision to adopt a 'restrictive' monetary policy?
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