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Andy Bailey: How to Win Confidence in the Bank of England
Central banks are fighting last year's battle, no more so than in the UK. I find it standing that the Bank of England would keep rates at 6% and hold them there. Given the resets on mortgages, I think it's a more interest rate sensitive economy than in the US. And the same with Europe as well, which is already in recession. That's where the biggest misprices are.