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BOE's Dhingra: Inflation still far too high relative to our target
There is no doubt that inflation, whilst beginning to ease off its peak last year, is still far too high relative to our two per cent targetMonetary policy's effects on inflation are not immediate due to transmission lags, necessitating careful economic monitoring to adjust the stance in the medium term. The improved collection of mortgage data aids in understanding monetary policy's influence on the housing market. Despite the overall effectiveness of policy transmission to retail borrowing rat...
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Posted: Jun 13 2023, 15:07
Author Name: forexlive
Views: 081262