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Dhingra on the lags between PPI and CPI and risks of overtightening

BOE
  • Dhingra is talking about the lags between PPI and CPI changes - and also talking about the risks of overtightening as we don't know what the lags are.
  • This is very similar to one of her recent speeches - there's nothing particularly new in what she is saying here. And as we noted earlier - she is not representative of the wider MPC.

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