BOE's Broadbent: Pandemic has depressed inflation by a bit less than anticipated
Remarks by BOE policymaker, Ben Broadbent
– Consequences on consumption in terms of cost pressures are probably limited
– Expect unemployment to rise once furlough scheme is wound down
The headline remark is interesting but unless inflation is on a sustainable recovery path, it still wouldn't do the BOE much good to consider a change from its current
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