- BOE King: “MPC sees CPI falling to around 2% goal by end 2012”
Market news
14 February 2012
BOE King: “MPC sees CPI falling to around 2% goal by end 2012”
Pace, Extent of cpi fall remain highly uncertain;
- key Uncertainties: wages; profit margin rebuilding;
- key Policy medium-term inflation outlook;
- MPC At Feb meeting saw inflation risks to downside;
- MPC To Pay particular attention to euro area outlook;
- MPC To Focus on spare capacity; inf. expectations.
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