Bank of England will have to act to contain inflation - Bailey - NewsBreak

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By Gesard in Business
Updated 2 years ago

LONDON, Oct 17 (Reuters) - The Bank of England will have to act to make sure medium-term inflation expectations do not take off, BoE Governor Andrew Bailey said on Sunday. "Monetary policy cannot solve supply side problems but it will have to act and must do so if we see a risk particularly to medium-term inflation and to medium-term inflation expectations," Bailey said on Sunday.

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