BoE's governor Bailey: Inflation could turn out lower than BoE forecast if pandemic bottlenecks get unblocked rapidly

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6 August 2021

BoE's governor Bailey: Inflation could turn out lower than BoE forecast if pandemic bottlenecks get unblocked rapidly

One of the risks is that these supply bottlenecks could unblock and we could get actually quite a wave of supply coming back onto the market
It is very hard to disentangle the effects of Brexit and Covid on immigration and labor supply

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