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Skarica said Boe is expected to reduce inflation prospects.

Bruna Skarica, a British economist at Morgan Stanley, discusses the inflation outlook decided by the Bank of England today. Speaking on Bloomberg TV, she said BOE could “meaningfully reduce” its inflation outlook in the near term. “We actually think they will predict about 3% by the end of the year and there may be 2% next year,” Skarica said.

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