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Surveillance: UK Credibility with Diamond

Bloomberg Surveillance

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Do We Really Need to Push Inflation All the Way Back to Two %?

Right now it's easy to be tough, right because everybody wants to get inflation down. The labor market is still very strong, and so the pain hasn't really materialized yet. If we see services stabilized and may be reduced, i guess that means we come back towards john taylor's two %. Are you wedded to two point zero%? Or can bill dudley construct a new normal at two point eight? Two point nine? Two point atom posen?"

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