British Pound: Softer BoE stance seen weighing on Sterling – BBH

Brown Brothers Harriman’s (BBH) Elias Haddad highlights that the Bank of England (BoE) left rates at 3.75% with a 6–3 vote, while Governor Andrew Bailey pushed back against expectations of an imminent hike.
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United States Employment Cost Index above forecasts (0.8%) in 2Q: Actual (0.9%)

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