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BOE’s Ramsden: More skeptical about giving more detailed rate path guidance

The Bank of England (BOE) policymaker Ramsden is on the wires now, via Reuters, making comments at his testimony before the Treasury Select Committee (TSC), with the key headlines found below.

I’m more skeptical than Vlieghe about giving more detailed rate path guidance.

Giving more detailed rate hike guidance would risk getting lost in translation, misinterpreted as promises.

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