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Bailey (BoE): Rejects talk of reducing central bank independence

Bank of England governor Andrew Bailey has rejected suggestions by British prime ministerial front-runner Liz Truss that the government should have a bigger role in how the Bank operates. With inflation on track to top 13% later...

Bailey (BoE): There is a risk that inflation will integrate into the British economy at this high level

LAST UPDATE 12:50 The governor of the Bank of England, Andrew Bailey, said there was a "very clear" risk that very high inflation would be integrated into the British economy if there was a cycle of higher...