BOE’s Sentance: Still quite a bit of evidence that further upward pressure on CPI to come -Bloomberg
- Clearly risk that inflation goes up to 5% or a bit above
- Concerned that sterling weakened more than needed, contributing to inflation
One Response to “BOE’s Sentance: Still quite a bit of evidence that further upward pressure on CPI to come -Bloomberg”
Risk of inflation of 5% this year.
Article with a link to the video there:
http://www.bloomberg.com/news/2011-04-15/sentance-says-u-k-inflation-rate-set-to-rise-above-5-on-pound-weakness.html