^{26 June 2023} The Week Ahead: US PCE data and the ECB’s Sintra meeting in focus

UK: BoE delivered a hawkish surprise, hiking rates by 50 bps The BoE re-accelerated the pace of its tightening cycle, raising the Bank Rate by 50 bps to 5.0% at its 22 June policy meeting with a 7-2 majority.

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