Bank of England's Mervyn King warns over inflation @ Forex Factory

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Bank of England's Mervyn King warns over inflation

telegraph.co.uk

Prices rises have consistently defied the Bank's expectations of a slowdown, adding to pressure on households as wage growth remains weak and the Government introduces a strict austerity package. The Bank's rate-setters are charged with keeping inflation at 2% but the Consumer Prices Index benchmark has been above 3% throughout the year. Full Story

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Submitted Jul 28, 2010 9:28am

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