BOE's Posen: “Inflation will come down, wage growth is quiescent and mfg is growing”

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23 January 2012

BOE's Posen: “Inflation will come down, wage growth is quiescent and mfg is growing”

There is a limit to how far monpol can stimulate the economy
He doesn't worry about low UK productivity growth, hasn't seen slowdown in UK trend productivity
Most MPC thing growth will get back to trend

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