His warning is the latest of a slew of cautionary messages from members of the Bank’s nine-strong Monetary Policy Committee, who appear at pains to ensure people do not get ahead of themselves as economic recovery emerges.
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We’re not over recession yet, says bank chief
Bank of England chief economist Spencer Dale has warned against “drawing too much comfort” from headlines declaring an end to the recession – emphasising it would not feel like that to many families and businesses.
