Wednesday, May 16, 2007

Mervyn's account of where we are

Bank of England: Inflation Report Press Conference Opening Remarks

Hot off the press these were the Governor's opening remarks at today's Inflation Report press conference. A reasonably balanced account of the variables that influence U.K. (official) inflation measures - though in my view too little is said about the risk associated with strong money supply growth. Seems like the Bank of England would need to recruit a few more monetarists going forwards.

Posted by trough2010 @ 11:18 AM (173 views) Add Comment

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