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No quick fix to get UK inflation back to target

by Mike Robinson

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© Reuters. FILEPHOTO: A general view of Bank of England at London (Britain), October 31, 2021. REUTERS/Tom Nicholson

BRISTOL. England (Reuters). BRISTOL. England’s Chief Economist Huw Pill stated that patience is required before British inflation returns at the Bank of England’s 2% target. It will make it uncomfortable to be a central banking official.

Pill stated that there is no fast fix and that patience will be needed. He spoke at a conference hosted in Bristol by the Economics Observatory, the Festival of Economics.

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