• BOE report shows 2-Yr inflation pushing closer to target after QE boost

Market news

15 February 2012

BOE report shows 2-Yr inflation pushing closer to target after QE boost

  • inflation Seen 1.8% At 2-Year Point Based On Mkt Rates, stg325bn QE

  • inflation Seen At 1.9% In 3 Years Based On Mkt Rates, Stg325bn QE
  • reports Shows UK Growth Weak In Near Term, Recovering In H2
  • says Euro Zone Crisis Still Poses 'Substantial Challenges'
  • real Incomes Rise, Monetary Stimulus Seen Aiding Recovery In H2
  • implied Market Rates Unchanged Until Q4 2013; Seen At 0.9 By End '14

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