He gets a little defensive in an opinion piece in The Independent.
In terms of accountability for my own record, I stand by what I said in March 2011 – if I am basically wrong about the forecast, I will not seek reappointment. When I forecast at that time 1.5% inflation and trending down for summer 2012, that was when some MPC members were voting to tighten policy and no one else was voting for additional ease.
