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The Monetary Policy Committee (MPC) has to carefully balance the recovery phase of economic growth and manage rising inflationary tendencies in the uncertain geopolitical climate. Examine. (250 words, 15 marks)

19. The Monetary Policy Committee (MPC) has to carefully balance the recovery phase of economic growth and manage rising inflationary tendencies in the uncertain geopolitical climate. Examine. (250 words, 15 marks)