BOE’s Saunders: Would not say that a rate cut now is precautionary

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Further comments are crossing the wires from the Bank of England (BOE) policymaker Saunders, as he continues to talk about the central bank’s next policy move.

Would not say that a rate cut now is precautionary.

Risk management is an extra argument for a rate cut.

But the case for one also stands without this.

Economic data justifies a rate cut during the last couple of meetings.

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