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Bank of England policymaker Catherine Mann argued in a speech that US interest rate changes affect the UK economy through financial spillovers. She said this influences her view on how far UK rates should rise, given global tightening paths.
This is central bank commentary on monetary policy spillovers, with no direct supply or demand effect on feed commodities. Any impact on prices would come only through shifts in the dollar and global financial conditions.
bankofengland.co.ukJun 20, 2022Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
