BoE's Pill: markets pricing rates near 5% in 2027 'not outrageous'
Bank of England official Pill said market expectations implying rates close to 5% in 2027 are not outrageous, according to the FT.
What we know
The FT reports that BoE's Pill described market expectations, which imply rates could approach 5% in 2027, as 'not outrageous'.
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How the story developed
Bank of England official Pill said market expectations implying rates close to 5% in 2027 are not outrageous, according to the FT.
Bank of England's Pill said market expectations implying rates could approach 5% in 2027 were not outrageous, the FT reports.
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“NOT OUTRAGEOUS -FT”
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