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BoE Governor Bailey says "I don't agree we have got endemic inflation", adding that if energy prices remain high, there is a chance of another hike

Newsquawk Staff ·

  • Private wages at upper end range for inflation target.
  • "If we get no resolution of this problem in the Middle East and energy prices continue to be at the high level we have seen them then I think the probability of us having to increase interest rates at least once more is probably reasonably high".

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