LONDON, Feb 9 (Reuters) - Bank of England Governor
Andrew Bailey said on Thursday that pay demands needed to take
into account the forecasts for a steep fall in inflation.
"What I would urge is that - particularly going forwards
because we think inflation is going to fall very rapidly - that
is taken into account," he told a parliamentary committee.
(Reporting by David Milliken and Suban Abdulla, writing by
William James
Editing by William Schomberg)
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