Thursday, May 11, 2006

BoE May Be Disappointed by Inflation

Money Week: Why the Bank of England is still too optimistic about inflation

Article reports the BoE inflation expectations might not be met. It cites reasons why, notably oil and gold prices and reports that householders have noticed a squeeze on their earnings. It intimates second-round inflation effects are likely to occur as a result.

Posted by Talking_Rot @ 10:00 PM (621 views)
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1 Comment

1. Paul said...

I'll bet that within the next 6 months, the BofE will again revise its inflation calculations downwards for some goods.

At which point of course, the population will believe official inflation figures even less than they do now.

Friday, May 12, 2006 12:35PM Report Comment

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