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Business & Economics

‘Greedflation’ fears rise as Bank official warns firms against price hikes

Guardian
Summary
Nutrition label

87% Informative

Catherine Mann warns retailers and consumer goods companies to resist pushing up prices.

Mann was one of two policymakers who voted to hold interest rates at 4.5% at a meeting of the Bank ’s monetary policy committee last week .

Mann has said previously she is ready to cut interest rates steeply once the battle against inflation is won.

VR Score

95

Informative language

97

Neutral language

80

Article tone

informal

Language

English

Language complexity

51

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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