BoE's Lombardelli: I see risks to inflation on both sides

  • Remarks by Clare Lombardelli before the UK Treasury Committee
  • I see risks to inflation on both sides.
  • We have seen a fall in services inflation and wage settlements.
  • Minimum wage comes up as pressure for businesses more than any other pressure.
  • I am more concerned about upside risks to inflation as costs are higher if inflation gets entrenched.

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