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Brief
"On November 20, 2024, the Bank of England issued an update regarding 'Back to the Future 2: Keeping inflation close to the 2% target − speech by Dave Ramsden'. The speech provides an assessment of the UK economy's development over the last 12 months, comparing forecasts from the Monetary Policy Committee (MPC) and setting out the outlook for future growth and inflation. It concludes that a gradual approach to removing policy restraint is appropriate in keeping inflation close to the 2% target."
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