Sunak's campaign derailed by betting claims — again
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Analysis of Bank of England concerns and election impact on interest rates
The chapter delves into the Bank of England's worries about influencing elections, including the potential repercussions of adjusting interest rates during campaigns. It explores how the election call hindered the Bank's ability to announce favorable news, possibly affecting the timing of rate cuts, and highlights central banks' caution in making major decisions near elections to avoid political implications.
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