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Bailey on watching medium-term inflation expectations

BOE

"But it is also important that we watch the outlook for inflation very carefully, which of course we do at all times, particularly for signs of more persistent pressure and for a move of medium term inflation expectations to a higher level.
And if we see those signs, we are prepared to respond with the tools of monetary policy."

  • Note that these headlines are being reported by some wires without the key word "IF" so be careful!

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