BoE’s Ramsden signals extended period of restrictive monetary policy ahead

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<p>BoE&#8217;s Deputy Governor Dave Ramsden emphasized the need for a prolonged phase of restrictive monetary policy to achieve the central bank&#8217;s inflation target. Speaking on the future direction of the BoE&#8217;s approach, Ramsden stated, &#8220;Monetary policy is likely to need to be restrictive for an extended period of time.&#8221; Ramsden further elaborated on the Monetary [&#8230;]</p>
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