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- BoE's Carney - MPC is clear that its tolerance for above-target UK inflation is limited
BoE's Carney - MPC is clear that its tolerance for above-target UK inflation is limited
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Readiness to raise rates hinges on how much weaker consumption is offset by business investment
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Other factors include wages and unit labour costs, economy's reaction to Brexit talks
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Global equilibrium interest rate could rise given strong global economy, makes a given policy setting more accommodative
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MPC will debate issues around raising rates "in the coming months"
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