The central banking chief said the decision last week to cut interest rates, to 5%, for the first time in four years was "good news" and a "reason to be optimistic".
His words will hamper the Labour Government's attempts to recast the Tories' economic legacy and begin preparing excuses for tax rises in the autumn.
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French minister admits: We do not do enough
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Now Sir Keir's eyeing Italy's Albania deal to tackle migrant crisis
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THE ART OF WAR
Boss lauds 'ugly' derby win after sleepless nights blight build-up