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How far will BoE move away from Fed's stance? Investors await a clearer signal

A dovish shift in tone by BoE Guv Bailey and Deputy Governor Dave Ramsden in April caused some economists to reckon that the timing of BOE cuts may be closer to the European Central Bank — which is widely expected to act in June — than to the Federal Reserve, whose chief, Jerome Powell, has avoided offering a timeline for US easing. ....

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