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  • $1.6545/50. BOE KING: CPI remains uncomfortably high Great deal of uncertainty about CPI outlook; Risk high inflation to push up inflation expectation; Risk of upward pressure on wages, prices; Output remains about 4% below pre-crisis peak; MPC sees rece
Market news
11.05.2011, 10:39

$1.6545/50. BOE KING: CPI remains uncomfortably high Great deal of uncertainty about CPI outlook; Risk high inflation to push up inflation expectation; Risk of upward pressure on wages, prices; Output remains about 4% below pre-crisis peak; MPC sees rece

  • But MPC could take different view "when it comes";
  • Issues for euro periphery very difficult, very challenging.

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