BOE’s Broadbent: Most challenging period for monetary policy since inflation targeting began in 1992

“This is the most challenging period for monetary policy since inflation targeting began in 1992,” Bank of England (BOE) Deputy Governor Ben Broadbent said while testifying on inflation and the economic outlook before Parliament's Treasury Committee on Wednesday.

Meanwhile, BOE policymaker Haskel said that the “terms like 'transitory' and 'permanent' pigeon-hole people too much on inflation.”

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