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The Bank of England split highlights how central banks are preparing to end years of easing and shift to monetary tightening. But how fast will the change come and how will the pound and other currencies respond? Commerzbank's chief economist Peter Dixon discusses the moves with Roger Blitz, and looks at how the causes of inflation and the way it is measured are also under review.
Mixed day for FTSE but UK drug stocks follow a rally among US peers
Central bank says 7% figure is consistent with its inflation target range of 3%
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