Wednesday, Feb 14, 2007
Same story, but less noddy than the BBC
FT.com: BoE report hints at further rate rise
Mervyn King, Bank governor, said the outlook for inflation over the coming year was “highly uncertain”: a description that matched the City’s initial reaction to the Bank’s latest quarterly inflation report. Inflation will remain above the government’s 2 per cent target if interest rates do not rise further the Bank of England said on Wednesday.
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