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Bank of England can tolerate inflation above 2% target, says Bailey

INDEPENDENT·5d ago·3 min read
Photograph via Independent
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Andrew Bailey told an audience in Reykjavik, Iceland, that reacting too early to inflation concerns ‘may generate undesirable volatility’.

Andrew Bailey told an audience in Reykjavik, Iceland, that reacting too early to inflation concerns ‘may generate undesirable volatility’.

Andrew Bailey told an audience in Reykjavik, Iceland, that reacting too early to inflation concerns ‘may generate undesirable volatility’.

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