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Bank of England faces pivotal policy decision with pound at multi-decade lows

Por: CNBC Business September 22, 2022

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Bank of England Governor Andrew Bailey has reiterated his commitment to reining in inflation, but the Bank faces a difficult balancing act as growth slows and the labor market tightens.Bloomberg Bloomberg Getty ImagesLONDON — The is faced with a crucial choice as it navigates a plunging currency and the effects of a new government energy cost package that has changed the inflation outlook.The Monetary Policy Committee will announce its latest... + full article



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