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Another rate hike likely in ‘near term’ to calm inflation, says Bank policymaker

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Another rate hike likely in ‘near term’ to calm inflation, says Bank policymaker
Photo / Coverage: The Independent - BusinessCredit: Holly Williams
EXECUTIVE SUMMARY

Clare Lombardelli, deputy governor for monetary policy, said there is a risk inflation will rise by more than feared if the Iran war is not resolved.

Key Takeaways

  • Another rate hike likely in ‘near term’ to calm inflation, says Bank policymaker.
  • Clare Lombardelli, deputy governor for monetary policy, said there is a risk inflation will rise by more than feared if the Iran war is not resolved.
  • Clare Lombardelli, deputy governor for monetary policy, said there is a risk inflation will rise by more than feared if the Iran war is not resolved.

Clare Lombardelli, deputy governor for monetary policy, said there is a risk inflation will rise by more than feared if the Iran war is not resolved.

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Published originally on The Independent - Business

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