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More stimulus probably needed, Bank of England's Saunders says

LONDON, Sept 4 (Reuters) - Bank of England interest rate-setter Michael Saunders said on Friday that it was “quite likely” that more stimulus will be needed for Britain’s COVID-hit economy.

“I consider it quite likely that additional monetary easing will be appropriate in order to achieve a sustained return of inflation to the 2% target,” Saunders said in a speech. (Reporting by Andy Bruce Editing by William Schomberg)

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