BOE governor Bailey: I don't use the phrase "stagflation"
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- We have had a flat economic system after the pickup within the earlier levels of final yr
- However our coverage actions are anchored on the view that the disinflation course of is in place
- Inflation is predicted to choose up however solely within the short-term (Ramsden)
This text was written by Justin Low at www.ubaidahsan.com.
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