BoE Braodbent: Energy price guarantee’s inflationary effect outweighs limiting inflation

BoE Deputy Governor Ben Broadbent said in a speech that firstly, “for as long as it’s in place, the government’s Energy Price Guarantee has the effect of limiting headline inflation and, to that extent, any related strengthening of second-round (and more persistent) effects on domestic inflation.” Secondly, “by the same token, however, it mitigates the […]

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