BoE's Barker on economic stability

In the speech 'Economic stability and the business climate' given on 24 November Kate Barker of the Bank of England said risks to the nation's economic growth are to the downside but the recent rise in inflation could still push up price expectations in the short term.

"In terms of the risks around this projection, my own view is that these are balanced for inflation, and indeed in the short-term there remains a risk that the recent rise in inflation might spark a more persistent upward shift in

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