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As #retail #inflation continues to fall (but of course prices keep going up, just more slowly), will the #BoE think its #interestrate policy is working or carry on taking the Catherine Mann position that more pain is needed to get down to the target of 2% even if this means a #recession...
It'll be more 'if its not hurting its not working' rhetoric from Threadneedle St. I suspect, claiming its all a 'price worth paying' when its not them that are paying... but hey, I've said all this before!