Tuesday, Jun 16, 2009
Will inflation put paid to more QE?
Telegraph: UK inflation: analysts fear surprise strength could hamper efforts to print money
UK inflation surprised economists as it fell less than expected in May to 2.2pc, raising fears over the Bank of England's moves to pump more money into the economy. There can't be much more quantitative easing to come if we keep getting outturns like this."
Posted by cozza @ 10:24 AM (338 views) Add Comment
1 Comment
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1. stillthinking said...
Inflation which comes from imported goods occuring at the same time as falling wages is stagflation, not inflation. Which is basically going to be the result of avoid deflation, if we manage it.