Carney: Bank's 2% inflation target has become 'dangerous distraction'

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Bank of England (BoE) governor Mark Carney has warned the 2% target for inflation has become a "dangerous distraction" for the UK's policymakers.

Carney (pictured) yesterday outlined the Bank's wider role following the recent increase in its responsibilities. Carney, the former Canadian central bank governor, took over last July with a ma...

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