Sunday, June 28, 2009

No change for the BoE’s inflation target

Keep on doing what you are doing

For a decade, the Bank of England ignored house prices and focused only on the CPI. In an uncoming Treasury White Paper, the target won't be changed. Therefore, there are no guarantees that the housing bubble can't happen again. In fact, another bubble looks a certainty.

Posted by inflationwatch @ 06:21 AM (644 views)
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