BoE's Mann: Energy price caps could be boosting other inflation BOE CentralBanks GBPUSD
Monetary Policy Committee member Catherine Mann spoke about the energy price caps and their impact on inflation.“The caps on energy prices allow the reorientation of spending to the rest of the consumption basket and thus potentially higher inflation than otherwise would be the case in all those other products”Will inflation kind of bounce back? What will the energy prices be at that time? We don’t know.
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