BOE DMP survey: Businesses expect higher rates to lead to lower investment, employment

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BOE DMP survey: Businesses expect higher rates to lead to lower investment, employment BOE CentralBanks GBPUSD

decision maker panel showed that “businesses expect higher interest rates to lead to lower investment and employment,” per Reuters.Expected year-ahead output price inflation 5.7% in November, down 0.5 pp from October.

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