Bank of England: Moves to curb inflation would be premature, warns policymaker - short news
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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source: The Guardian - 26.07.2021