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Where now for UK interest rates?

Later today we have data from the US economy in the form of initial jobless claims which will provide a good indicator; the market will be looking for a drop on the last figure of 623,000 claimants for state unemployment insurance.  We also have PPI data from the US and the Philly fed manufacturing survey, the former will shed light on commodity inflation levels and the latter is an indication of manufacturing trends…

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