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- BoE's deputy governor Cunliffe emphasizes the guidance that BoE will not tighten policy until we have clear evidence that progress is being made in eliminating spare capacity
BoE's deputy governor Cunliffe emphasizes the guidance that BoE will not tighten policy until we have clear evidence that progress is being made in eliminating spare capacity
- For me, the important evidence will be on the impact on unemployment when furlough is removed
- Scale of corporate insolvencies as we emerge from the pandemic an important indicator
- My view is that risks are two-sided
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