BoE announces duty to curb inflation.

M2 EQUITYBITES-May 2, 2022--BoE announces duty to curb inflation

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Global Banking News - 02 May 2022

Bank of England has said that it is duty bound to curb inflation.

A move from the central bank is expected to push the UK into recession to cap rising inflation, as per a former official with the apex bank.

Adam Posen, who runs Washington-based thinktank, The Peterson Institute, said the apex bank could hike interest rates...

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