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Inflation ‘Plateau’ Could Keep Interest Rates Higher, Hawk Warns

Summary by City AM
Bank of England officials may avoid cutting interest rates as worries inflation will remain above three per cent over the coming months leave policymakers in an “uncomfortable place”, a Monetary Policy Committee member has warned.  Speaking at an event hosted by the National Institute of Economic and Social Research, external member Megan Greene said the double-sided risks of lower growth and higher inflation were making decisions by rate-setter…

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City AM broke the news in London, United Kingdom on Tuesday, June 24, 2025.
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