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BoE’s Mann: Normalization on wages is under way

Bank of England (BoE) member of the Monetary Policy Committee (MPC), Catherine Mann, spoke on inflation and wages on Monday. She claimed that the underlying inflation dynamic shows upside risk.
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Fed’s Jefferson: Upside risks to inflation have likely declined

Federal Reserve (Fed) Governor Philip Jefferson spoke on Monday about the economic outlook and monetary policy at an event hosted by the Federal Reserve Bank of Kansas City. He said that they need to proceed slowly as monetary policy approaches the neutral rate.
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