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Video: Are we heading for ‘stagflation’? Bank of England warns Omicron could stall growth AND fuel inflation as it RAISES interest rates from historic low of 0.1% to 0.25% saying gas prices are surging again and CPI will top 6 PER CENT by the spring
Bank of England Governor Andrew Bailey says he is seeing ‘persistent’ inflation pressures that he is concerned about in the medium term. He added that the threats that can further affect the situation must be acted…
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