- BOE KING: Excess Volatility If MPC Aims To Get CPI TO 2% Fast
Market news
17 May 2011
BOE KING: Excess Volatility If MPC Aims To Get CPI TO 2% Fast
- High CPI Mainly Due VAT, Energy, Import Prices;
- CPI Ex-energy, VAT, Import Price Changes probably under 2%;
- Difficult to be sure when cpi will return to target;
- CPI Likely To Rise Further In Next Few Months.
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