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Inflation Fights Inflation in BOE’s Strategy for U.K. Economy

  • U.K. central bank says rising prices will slow the economy
  • Outlook is for inflation to fall back rapidly in coming years
Shoppers pass market stalls in Croydon, Greater London, U.K.

Shoppers pass market stalls in Croydon, Greater London, U.K.

Photographer: Chris Ratcliffe/Bloomberg
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Inflation could become an unlikely ally in the Bank of England’s fight against rising prices.