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There has been enough in the recent UK economic data to argue for caution or aggression when the Bank of England decides on the size of its next rate hike at the beginning of August.
The Bank of England has joined other major central banks in hiking today. However, unlike others, the move is seen as bordering on a dovish disappointment.
The Federal Reserve's decision is right around the corner, with market sentiment divided between a pause, or potential hike.
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