LONDON, May 11 (Reuters) - Bank of England Governor
Andrew Bailey said the bank would adjust its key interest rate
as necessary to return inflation to its 2% target.
"If there were to be evidence of more persistent pressures,
then further tightening in monetary policy would be required,"
Bailey said at a press conference on Thursday.
"The MPC will adjust bank rate as necessary to return
inflation to target sustainably in the medium term, in line with
its remit."
(Reporting by James Davey, Writing by Kylie MacLellan; editing
by Sarah Young)
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