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Bank of England governor urges credible budget policy
Original: Bank of England's Bailey says credible budget policy is needed more than ever
Bank of England Governor Andrew Bailey said credible budget policy is needed more than ever, stressing that sound fiscal plans are essential to support economic stability and the Bank's efforts to manage inflation. His comments put the spotlight on the government's budget strategy and its implications for interest rate policy.
Why now: Attention is on fiscal policy's role in economic stability and inflation control amid ongoing budget debates.
Evidence
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