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How inflation figures played into final decision - but door remaining open for cuts Sticky services inflation was ample to avoid a Minimize, says KPMG United kingdom chief economist Yael Selfin.
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Lender's policymakers clarify decision The 9 members in the Financial institution's Monetary Policy Committee say their determination was guided by the necessity to "squeeze inflationary pressures out in the technique" - Basically, they would like to aid convey inflation right down to the target amount of 2%.
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