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LONDON (Reuters) – The Bank of England must stay the course to ensure the level of inflation falls back to its 2% target, the central bank’s Governor Andrew Bailey said on Thursday.
“We have to stay the course to make sure inflation falls all the way back to the 2% target,” he said at a press conference after the bank raised its key interest rate.
(Reporting by Sarah Young, Writing by Kylie MacLellan)
