Posts Tagged ‘quarterly inflation’
GBP Slides Following BoE Inflation Report; King Tries to Toning Down Expectations
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Wednesday, 16 February 2011 14:04
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The Bank of England – in its Quarterly Inflation Report – said that its central forecast for inflation is for inflation to peak at 4.4% this year before easing to the 2 % goal by the middle of 2012. It would then actually fall below the target by the end of the forecast period.

 
BOE Raised Inflation Forecasts, Yet Lowered Growth Outlook
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Wednesday, 16 February 2011 12:07
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The pound slumped against the US dollar and the euro as the BOE revised lower it growth forecasts despite higher inflationary outlook in the near-term. In its quarterly inflation report, the BOE unveiled the outlook that inflation will most likely fall a little below the target in the second half

 
Sterling Rises Ahead Of The Quarterly Inflation Report
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Wednesday, 16 February 2011 09:35
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The euro rose today after the troubled German bank, WestLB, reached a restructuring plan which relieved the markets. Economic data on Tuesday revealed a mixed view after euro zone and Germany’s Gross Domestic Product did not meet expectations while ZEW survey revealed a positive note. Euro zone policymakers decided to