BoE Inflation Report
BOE: UK growth to accelerate to 0.5% this quarter; GDP to rise an annualized 1.7% in 2Q 2014 and 2.2% in 2015.
BOE: Sees inflation holding above the 2% target for the most part over the next 2 years. CPI to fall below target in 3Q 2015.
BOE: Sees modest and sustainable recovery in UK; unclear how long the central bank's credibility can withstand above-target inflation.
No comments:
Post a Comment