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Moves to curb inflation would be premature, warns Bank of England policymaker

Monetary policy committee member says Britain’s economy is still recovering from Covid pandemic

Britain’s economy is not out of the woods and the damage caused by the Covid-19 pandemic has been only partly repaired, a Bank of England policymaker has said.

Speaking as fresh figures showed only a modest impact on consumer activity from “freedom day”, Jan Vlieghe said Threadneedle Street should be cautious about tightening policy.

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Read the original article at The Guardian

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