BOE's outgoing policymaker warns on inflation as price growth outlook worsens
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London
BANK of England policymaker Kristin Forbes has a message for her colleagues as her term ends: Don't leave it too late to rein in consumer prices.
"For a period now, we have been underestimating the inflationary pressures. I wouldn't be surprised if we continued to do that," she said on Monday. Rising domestic cost pressure "does suggest there's a cost to waiting".
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