Sunday, February 13, 2011
So what next?
UK inflation expected to be double target rate
"The upward pressure on UK inflation is intensifying, official figures will show on Tuesday, with one economist predicting that the Retail Prices Index will hit its highest level in close to two decades". "That will prompt the Bank of England Governor, Mervyn King, to write his tenth letter to the Chancellor to explain why the inflation rate has soared above the target".
Posted by alan @ 11:45 AM (1399 views)
One thought on “So what next?”
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Crunchy says:
Now if the price of oil went down or the dollar were to really strenghten.
OK, lets have some turbulence in the middle east. Look, over there!