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26 Jul 10:01am

Bank of England: Moves to curb inflation would be premature, warns policymaker

The Guardian
Monetary policy committee member says Britain’s economy is still recovering from Covid pandemic Britain’s economy is not out of the woods and the damage caused by the Covid-19 pandemic has been only partly repaired, a Bank of England policymaker has said. Speaking as fresh figures showed only a modest impact on consumer activity from “freedom day”, Jan Vlieghe said Threadneedle Street should be cautious about tightening policy.
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