European Central Bank set to hold interest rates amid stable growth, contained inflation

The European Central Bank (ECB) is holding its two-day meeting and will announce its monetary policy decision on Thursday.
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GBP: Bank of England uncertainty with disinflation trend – UBS

UBS economist Paul Donovan highlights uncertainty around the Bank of England meeting, contrasting it with a more predictable ECB. He explains that quirks in data collection distorted December inflation, but underlying UK inflation is expected to trend lower.
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