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BoE’s Greene says it is appropriate to proactively tighten our monetary policy stance to lean against the risk of wage growth getting stuck at higher levels, FT reports

ORIGINAL · NewsquawkBoE’s Greene says it is appropriate to proactively tighten our monetary policy stance to lean against the risk of wage growth getting stuck at higher levels, FT reports
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Greene backed proactive tightening against the risk of persistent wage growth, amid debate over how far the Bank of England may need to raise rates after its increase to 4% the previous week.

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