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Jeremy Hunt should be 'applauded', says former chancellor

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The Bank of England "overreacted" to COVID and brought interest rates down too low for too long, in the view of Lord Lamont.

The rate of inflation is back in single digits for the first time since last summer, but food inflation remains near 20% and core price inflation is at a 30-year high.

#BankofEnfland #economy #chancellor #inflation #interestrates #shorts #skynews

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