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IEA Shadow MPC calls for interest rate cuts “to avoid compounding recent mistakes”
The Shadow Monetary Policy Committee warned that monetary policy has not responded to the downward trend in inflation.

The Shadow Monetary Policy Committee warned that monetary policy has not responded to the downward trend in inflation.


This briefing comes as calls to introduce rent controls in Britain have mounted in response to the housing crisis.

The Institute of Economic Affairs criticises the Bank of England's decision to hold the base rate at 5.25%, warning it could hinder recovery despite inflation reaching target.
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